El Dorado Charter SELPA Allocation Plan
3. PARTNER DEFINITION Intent In September 2013, the CEO Council created two categories of Partnership: Single Charter Partner and Organization Partner. The date of entry of the Partner is used to determine the administrative fee and set-aside for the Partner’s future expansion.
Charter SELPA Formula Single Charter Partner . Organization Partner
Charter SELPA LEA member with one school (CDS code) in the Charter SELPA. Organization with multiple Charter SELPA LEA member schools (each with a CDS code). An organization is defined as a non-profit with one governing board over multiple charters or an organization with one Chief Executive Officer position over multiple charters. The title of CEO may differ by organization, but the intent is that final decision making in the organization is vested in one leadership position. When a Charter SELPA partner expands with a charter new to the SELPA, the new charter school utilizes the Organization Partner’s date of entry for calculation of the administrative fee and set-aside.
Sample Calculation ABC Charter is a Single Charter Partner with the Charter SELPA for five years and has an administrative fee of 4% and a set-aside requirement of 1%. ABC Charter expands with a new charter that joins the Charter SELPA. ABC Charter is now an Organization Partner and the new school (separate CDS code) has a fee of 4% and a one-time set-aside requirement of 1%. XYZ Charter is a new start-up charter, not part of an existing partner. The new charter has a fee of 6% in year 1 and a one-time set-aside requirement of 5% that will decline to 4% in the following year.
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Charter SELPA Formula Single Charter Partner . Organization Partner
Charter SELPA LEA member with one school (CDS code) in the Charter SELPA. Organization with multiple Charter SELPA LEA member schools (each with a CDS code). An organization is defined as a non-profit with one governing board over multiple charters or an organization with one Chief Executive Officer position over multiple charters. The title of CEO may differ by organization, but the intent is that final decision making in the organization is vested in one leadership position. When a Charter SELPA partner expands with a charter new to the SELPA, the new charter school utilizes the Organization Partner’s date of entry for calculation of the administrative fee and set-aside.
Sample Calculation ABC Charter is a Single Charter Partner with the Charter SELPA for five years and has an administrative fee of 4% and a set-aside requirement of 1%. ABC Charter expands with a new charter that joins the Charter SELPA. ABC Charter is now an Organization Partner and the new school (separate CDS code) has a fee of 4% and a one-time set-aside requirement of 1%. XYZ Charter is a new start-up charter, not part of an existing partner. The new charter has a fee of 6% in year 1 and a one-time set-aside requirement of 5% that will decline to 4% in the following year.
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