Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 33 contracts
Samples: Charter for Dekalb Path Academy, Charter for Centennial Academy, Charter for Dekalb Preparatory Academy
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider or educational management organization. Nothing in this section subsection shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 6 contracts
Samples: Charter for Northwest Classical Academy, amanaacademy.org, Charter for Georgia Cyber Academy
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board Governing Board member(s), educational service provider provider, or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 5 contracts
Samples: atlncs.org, www.gadoe.org, Charter for Rise Prep School
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board Governing Board member(s), educational service provider or educational management organizationEducation Service Provider. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 4 contracts
Samples: Charter For, go.boarddocs.com, www.gadoe.org
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s 's academic programprogram the following year. Under no circumstances shall any surplus be distributed to the Charter School’s 's employee(s), board member(s), educational service provider or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expensesaccount.
Appears in 2 contracts
Samples: factchecker.stanjester.com, factchecker.stanjester.com
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider or educational management organizationEducation Service Provider. Nothing in this section subsection shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 2 contracts
Samples: Charter for Odyssey School, Charter for Liberty Tech Charter School
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), or educational service provider or educational management organizationprovider. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 1 contract
Samples: Charter for Cherokee Charter Academy
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board G o v e r n i n g Board member(s), educational service provider provider, or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 1 contract
Samples: cdnsm5-ss11.sharpschool.com
Surplus Funds. Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider provider, or educational management organization. Nothing in this section subsection shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.
Appears in 1 contract
Samples: Charter for Foothills
