What will be the nature of financial and programmatic reporting between the founding organization and the charter school?
(Dependent on who holds the charter) The board of the founding organization will determine the information that the school will be required to submit and will determine the information that it will provide the charter school in turn. The boards of the founding organization and the charter school will jointly determine the information to be exchanged. The charter school board will determine the financial and programmatic information to be shared with the founding organization. What will be the degree of the founding organization’s control over the charter school with regard to matters such as ability to sign contracts and leases; enter into cooperative agreements or joint ventures with other organizations; incur debt; raise funds; and, own real estate? The charter school must seek the approval of the founding organization with regard to some or all of the following: sign contracts and leases; enter into cooperative agreements or joint ventures with other organizations; incur debt; raise
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