(a) (1) After the initial five-year period of an open-enrollment public charter, the authorizer may renew the open-enrollment public charter on a one-year or multiyear basis, not to exceed twenty (20) years.(2) A renewal decision shall be based on the academic, financial, and operational performance of a charter school over the term of a charter contract.
(1) After the initial five-year period of an open-enrollment public charter, the authorizer may renew the open-enrollment public charter on a one-year or multiyear basis, not to exceed twenty (20) years.
(2) A renewal decision shall be based on the academic, financial, and operational performance of a charter school over the term of a charter contract.
(b) The Division of Elementary and Secondary Education shall create an expedited renewal process for open-enrollment public charter schools that meet certain criteria that includes without limitation:(1) A school rating that is above the state average based on the most recent results of the Arkansas school rating system established under §§ 6-15-2105 and 6-15-2106 and State Board of Education rules;(2) Demonstration of exceptional academic growth with enrolled students;(3) Adherence to all operational and financial requirements, as defined by the state board; and(4) Demonstration of operational viability and financial sustainability as evidenced by performance indicators.
(1) A school rating that is above the state average based on the most recent results of the Arkansas school rating system established under §§ 6-15-2105 and 6-15-2106 and State Board of Education rules;
(2) Demonstration of exceptional academic growth with enrolled students;
(3) Adherence to all operational and financial requirements, as defined by the state board; and
(4) Demonstration of operational viability and financial sustainability as evidenced by performance indicators.