Arizona Administrative Code › Title 7 - EDUCATION › Chapter 5 - STATE BOARD FOR CHARTER SCHOOLS › Article 4 - MINIMUM PERFORMANCE EXPECTATIONS › Table 2 - Probation Risk Level Criteria

Current through Register Vol. 30, No. 28, July 12, 2024
Probation Risk Level One
Scenario 1
Scenario
							 2
Scenario 3
Scenario 4
Scenario
							 5
Scenario 6
* "Below standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* "High risk" ADM category.
* "Below standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on less
							 than three calculated measures1; and
* Any risk ADM category.
* "Below standard" rating on the going concern
							 measure in the prior audited fiscal year; and
* Numeric performance positively increased on one or
							 fewer calculated measures1; and
* "High risk" ADM category.
* For two consecutive fiscal years, all three
							 calculated measures1  received "below standard" or
							 "approaches standard" ratings (regardless of if numeric performance positively
							 increased for one or more calculated measures).
* "High risk" default measure
							 category.
* Two consecutive probation risk level two
							 determinations; or
* Two consecutive probation risk level three
							 determinations; or
* One probation risk level two determination and one
							 probation risk level three determination in two consecutive cycles.
Probation Risk Level Two
Scenario 1
Scenario 2
Scenario 3
Scenario 4
* "Below standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on all
							 three calculated measures1; and
* "Low risk" or "moderate risk" ADM
							 category.
* "Below standard" rating on the going concern
							 measure in the prior audited fiscal year; and
* Numeric performance positively increased on two or
							 more calculated measures1; and
* Any risk ADM category.
* "Below standard" rating on the going concern
							 measure in the most recent audited fiscal year.
* "Meets standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on one or
							 fewer calculated measures1; and
* "High risk" ADM category.
Probation Risk Level Three
Scenario 1
Scenario 2
Scenario
							 3
* "Meets standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on one or
							 fewer calculated measures1; and
* "Low risk" or "moderate risk" ADM
							 category.
* "Meets standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on two
							 calculated measures1; and
* Any risk ADM category.
* "Meets standard" rating on the going concern
							 measure for two consecutive fiscal years; and
* Numeric performance positively increased on all
							 three calculated measures1; and
* Any risk ADM category.
1 "Calculated measures" include
				  the unrestricted days liquidity measure, adjusted net income measure and lease
				  adjusted debt service coverage ratio measure. If a charter holder's performance
				  on a calculated measure has decreased year over year, but continues to be rated
				  "meets standard," this will not be considered declining performance. The
				  charter holder's numeric performance will be considered to have "positively
				  increased."?