22.1-212.12 - Public charter school term; renewals and revocations.
§ 22.1-212.12. Public charter school term; renewals and revocations.
A. A charter may be approved or renewed for a period not to exceed fiveschool years. A public charter school renewal application submitted to thelocal school board or, in the case of a regional public charter school, tothe relevant school boards shall contain:
1. A report on the progress of the public charter school in achieving thegoals, objectives, program and performance standards for students, and suchother conditions and terms as the school board or boards may require upongranting initial approval of the charter application.
2. A financial statement, on forms prescribed by the Board, that disclosesthe costs of administration, instruction, and other spending categories forthe public charter school and that has been concisely and clearly written toenable the school board or boards and the public to compare such costs tothose of other schools or comparable organizations.
B. Local school boards may revoke a charter if the public charter school:
1. Violates the conditions, standards, or procedures established in thepublic charter school application;
2. Fails to meet or make reasonable progress toward achievement of thecontent standards or student performance standards identified in the charterapplication;
3. Fails to meet generally accepted standards of fiscal management; or
4. Violates any provision of law from which the public charter school was notspecifically exempted.
A charter may be revoked if the local school board determines, in itsdiscretion, that it is not in the public interest or for the welfare of thestudents within the school division to continue the operation of the schoolor, in the case of a regional public charter school, to continue itsparticipation in the operation of the school.
C. Nothing in this section shall be construed to restrict the authority oflocal school boards to decline to renew a charter agreement.
(1998, cc. 748, 890; 2000, cc. 631, 1028; 2002, c. 851; 2004, c. 530.)