SUSTAINABILITY MEASURES. Sustainability Measure 1 – Total Margin and Aggregated Three‐Year Total Margin3 Total Margin measures the surplus or deficit a school generates from its total revenues less its expenses. It indicates whether the school is operating within its available resources. The measurement looks at each year—as well as—, where calculable, the school’s aggregated three‐year margin performance. Nevada law and regulation prohibit deficit spending. A negative margin may mean a school is out of compliance with Nevada law, the Financial Performance Framework and the Organizational Performance Framework. What is the formula?
Appears in 2 contracts
SUSTAINABILITY MEASURES. Sustainability Measure 1 – Total Margin and Aggregated Three‐Year Total Margin3 Margin2 Total Margin measures the surplus or deficit a school generates from its total revenues less its expenses. It indicates whether the school is operating within its available resources. The measurement looks at each year—as well as—, where calculable, the school’s aggregated three‐year margin performance. Nevada law and regulation prohibit deficit spending. A negative margin may mean a school is out of compliance with Nevada law, the Financial Performance Framework and the Organizational Performance Framework. What is the formula?
Appears in 2 contracts
Samples: Charter Contract, Charter Contract