Data reporting. 1. If an application is approved, the superintendent of public instruction and the governing board of the public charter school shall execute a charter performance agreement no later than sixty days after approval, including: a. Academic, operational, and fiscal performance expectations and measures by which the public charter school will be judged. b. A description of the standards and processes under which the superintendent of public instruction will oversee and monitor the public charter school. c. Actions the superintendent of public instruction may pursue to revoke a charter performance agreement. 2. A charter performance agreement must be signed by the superintendent of public instruction and the public charter school's governing board. 3. A public charter school may not commence operations without a charter performance agreement executed in accordance with this section and approved in a public meeting. 4. A public charter school governing board or its designee may negotiate with the superintendent of public instruction to amend a charter performance agreement. The superintendent of public instruction's review of the charter performance agreement must be limited to the proposed request for amendments. 5. The charter performance agreement must include: a. Indicators related to student academic proficiency, student academic growth, attendance, recurrent enrollment, readiness for success upon graduation, financial performance, governance performance, and family and community engagement. b. Annual performance targets to support the public charter school's compliance with federal and state requirements. 6. More than one public charter school may be authorized under a charter performance agreement as approved by the superintendent of public instruction, if the public charter schools are separate and distinct from one another.
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