Common use of Partially Meets Standard Clause in Contracts

Partially Meets Standard. The school largely exhibits compliance with applicable laws, rules, regulations, and provisions of the performance certificate relating to financial management and oversight expectations as evidenced by an annual independent audit. Any matters of non- compliance are minor and quickly remedied, with documentation, by the governing board. 15 Does Not Meet Standard: The school exhibits failure to comply with applicable laws, rules, regulations, or provisions of the performance certificate relating to financial management and oversight expectations as evidenced by an annual independent audit; and/or matters of non compliance are not quickly remedied, with documentation, by the governing board. 0 Notes 0 Enrollment Variance Meets Standard: Enrollment variance equaled or exceeded 95 percent in the most recent fiscal year. 25 Partially Meets Standard: Enrollment variance was between 90 and 95 percent in the most recent fiscal year. 15 Does Not Meet Standard: Enrollment variance was less than 90 percent in the most recent fiscal year. 0 Notes Enrollment variance is calculated by dividing actual mid-term enrollment by the enrollment projection in the school's board-approved budget, as submitted to the SDE at the beginning of the fiscal year. 0

Partially Meets Standard. The school largely exhibits compliance with applicable laws, rules, regulations, and provisions of the performance certificate relating to financial management and oversight expectations as evidenced by an annual independent audit. Any matters of non- compliance are minor and quickly remedied, with documentation, by the governing board. 15 Does Not Meet Standard: The school exhibits failure to comply with applicable laws, rules, regulations, or provisions of the performance certificate relating to financial management and oversight expectations as evidenced by an annual independent audit; and/or matters of non compliance are not quickly remedied, with documentation, by the governing board. 0 Notes 0 Enrollment Variance Meets Standard: Enrollment variance equaled or exceeded 95 percent in the most recent fiscal year. 25 Partially Meets Standard: Enrollment variance was between 90 and 95 percent in the most recent fiscal year. 15 Does Not Meet Standard: Enrollment variance was less than 90 percent in the most recent fiscal year. 0 Notes Enrollment variance is calculated by dividing actual mid-term enrollment by the enrollment projection in the school's board-approved budget, as submitted to the SDE at the beginning of the fiscal year. Due to the deficit protection clause in ITCA's contract with K12, the school will be exempt from evaluation of this measure. 0