Rhode Island Code of Regulations
Title 200 - Board of Education
Chapter 20 - Council on Elementary and Secondary Education
Subchapter 05 - General and School Operations
Part 2 - Charter School Regulations (200-RICR-20-05-2)
Section 200-RICR-20-05-2.8 - Charter school contracts
Universal Citation: 200 RI Code of Rules 20 05 2.8
Current through September 18, 2024
2.8.1 Charter school comprehensive service and management contracts
A. No charter school or charter school board
shall enter into any contract for comprehensive service and management which is
contrary to State or Federal law or regulations, which contravenes the written
policies of the Rhode Island Council, which does entail any financial or other
conflicts of interest, or which amends, alters, or modifies any provision of
the school's charter. To the extent that there is a conflict between the terms
of the charter and such a contract, the terms of the charter shall govern. All
charter school contracts shall be made available to the Commissioner and the
Auditor General upon request. Charter schools shall maintain financial records
in a format that allows the ready tracking of all expenditures of public
funds.
B. No charter school board
shall enter into a contract that would have the effect of reducing the charter
school board's ultimate responsibility for operation of its charter school, or
which would hinder the charter school board in exercising effective supervision
of the charter school it controls.
C. All charter school boards entering into
such contracts shall directly select, retain, and compensate the school
attorney, accountant, and audit firm.
D. All instructional materials, furnishings,
and equipment purchased or developed with public funds shall be the property of
the charter school, not the service provider.
E. The content of such contracts shall
include, but not be limited to:
1. The roles
and responsibilities of the school governing board and the service provider,
including all services to be provided under the contract;
2. The performance measures, consequences,
and mechanisms by which the school governing board will hold the provider
accountable for performance;
3. All
compensation to be paid to the provider, including all fees, bonuses, and what
such compensation includes or requires;
4. Terms of any facility agreement that may
be part of the relationship;
5.
Financial reporting requirements and provisions for the school governing
board's financial oversight;
6. All
other financial terms of the contract, including disclosure and documentation
of all loans or investments by the provider to the school, and provision for
the disposition of assets in accordance with Rhode Island General
Law;
7. Assurances that the school
governing board, at all times, shall comply with §§
2.7(A) through (D) of this Part;8. Respective responsibilities
of the governing board and service provider in the event of school closure;
and
9. Such information as required
by the Commissioner to ensure compliance with the provisions identified in this
chapter.
Disclaimer: These regulations may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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