Network Payments to the District. The Network shall remit its share of the District’s COPS payment no later than the 30th of the month following the month of payroll reconciliation (e.g., payment for May is due no later than June 30th), or as otherwise agreed to by both parties in writing. The COPs rate will be determined annually by the District at annually established rates consistent for all District schools. The annual COPS rate is calculated by taking the total COPs obligation divided by total covered payroll. Payroll detail and computations must be provided in an acceptable format at the District’s request.
Appears in 4 contracts
Samples: Charter School Network Contract, Charter School Network Contract, Charter School Network Contract
Network Payments to the District. The Network shall remit its share of the District’s COPS payment no later than the 30th of the month following the month of payroll reconciliation (e.g., payment for May is due no later than June 30th), or as otherwise agreed to by both parties in writing. The COPs rate will be determined annually by the District at annually established rates consistent for all District schools, including charter schools, and will be paid by the School. COPS are not deducted from employee pay. The annual COPS rate is calculated by taking the total COPs obligation divided by total covered payroll. Payroll detail and computations must be provided in an acceptable format at the District’s request.
Appears in 1 contract
Samples: Charter School Network Contract