California Department of Education Executive Office memo-ssb-csd-aug18item02 SBE-002 (REV. 11/2017) MEMORANDUM DATE: August 1, 2018 TO: MEMBERS, State Board of Education FROM: TOM TORLAKSON, State Superintendent of Public Instruction SUBJECT: Financial Condition of State Board of Education–Authorized Districtwide Charters–2017–18 Second Interim Summary of Key Issues This Information Memorandum provides a summary of the California Department of Education’s review of the county superintendent certifications of the California State Board of Education (SBE)-authorized districtwide charters’ 2017–18 Second Interim financial reports. A districtwide charter can be approved only through joint action of the State Superintendent of Public Instruction (SSPI) and the SBE. To date, the SSPI and the SBE have approved nine districtwide charters; seven of which are still active. The SBE delegates oversight duties of the districtwide charters to the county office of education (COE) in which the districtwide charter is located. In accordance with Assembly Bill 1200 (Chapter 1213, Statutes of 1991), the county superintendent of schools has fiscal oversight responsibility over school districts in the county. In assessing a district’s financial health, the county superintendent uses the District Criteria and Standards adopted by the SBE. The following districtwide charters submitted positive certifications to their respective COEs. County District Certification Fresno Alvina Elementary Positive Fresno Kingsburg Elementary Charter Positive Kings Island Union Elementary Positive Kings Kings River-Hardwick Union Elementary Positive Kings Pioneer Union Elementary Positive Placer Ackerman Charter Positive Stanislaus Hickman Community Charter Positive The COEs reviewed the reports in accordance with the State Criteria and Standards for fiscal stability adopted by the SBE pursuant to Education Code (EC) Section 33127. The COEs concurred with the positive certifications submitted by the districtwide charters. Pursuant to EC Section 42131(a)(1), a positive certification indicates that, based on
California Department of Education Executive Office SBE-002 (REV. 11/2017) memo-ssb-csd-aug18item02 MEMORANDUM DATE: August 1, 2018 TO: MEMBERS, State Board of Education FROM: TOM TORLAKSON, State Superintendent of Public Instruction SUBJECT: Financial Condition of State Board of Education–Authorized Districtwide Charters–2017–18 Second Interim Summary of Key Issues This Information Memorandum provides a summary of the California Department of Education’s review of the county superintendent certifications of the California State Board of Education (SBE)-authorized districtwide charters’ 2017–18 Second Interim financial reports. A districtwide charter can be approved only through joint action of the State Superintendent of Public Instruction (SSPI) and the SBE. To date, the SSPI and the SBE have approved nine districtwide charters; seven of which are still active. The SBE delegates oversight duties of the districtwide charters to the county office of education (COE) in which the districtwide charter is located. In accordance with Assembly Bill 1200 (Chapter 1213, Statutes of 1991), the county superintendent of schools has fiscal oversight responsibility over school districts in the county. In assessing a district’s financial health, the county superintendent uses the District Criteria and Standards adopted by the SBE. The following districtwide charters submitted positive certifications to their respective COEs. County District Certification Fresno Alvina Elementary Positive Fresno Kingsburg Elementary Charter Positive Kings Island Union Elementary Positive Kings Kings River-Hardwick Union Elementary Positive Kings Pioneer Union Elementary Positive Placer Ackerman Charter Positive Stanislaus Hickman Community Charter Positive The COEs reviewed the reports in accordance with the State Criteria and Standards for fiscal stability adopted by the SBE pursuant to Education Code (EC) Section 33127. The COEs concurred with the positive certifications submitted by the districtwide charters. Pursuant to EC Section 42131(a)(1), a positive certification indicates that, based on