Title: CS1 Renewal of the One (1) Year Charter for Lakeside Academy

Recommendation:
I recommend that the School Board approve the new Charter with Lakeside Academy Charter School which shall become effective upon signing by both parties, and shall cover a term of one (1) year commencing on July 1, 2005 and ending June 30, 2006 except as otherwise provided in their Charter.

Description:

For the FY 2003 school year, Lakeside Academy Charter School was graded an "F" by the Florida Department of Education.  On December 10, 2003, the District renewed the Charter for Lakeside Academy Charter Schools only until June 30, 2005, to allow the School time to participate in the State's Assistance Plus Plan.  In response, Lakeside Academy Charter School developed a corrective action plan.  The school has been working to implement this plan. For FY 2005, Lakeside Academy had no grade data.

The new Charter for Lakeside Academy Charter School was agreed upon by all parties after the expiration date of June 30, 2005, due to lengthy negotiations.  The new Charter has been submitted and reviewed by the appropriate District staff.

The new Charter shall become effective upon the signing by both parties, and shall cover a term of one (1) year commencing on July 1, 2005 and ending June 30, 2006 except as otherwise provided in their Charter.

Due to the large number of pages, a copy of the Charter is on file in the Board Minutes Office for review.

Financial Impact:
The Charter School will receive 95% of the funded FTE generated by up to 500 students.  The District will retain 5% of the FTE, for up to 500 students, as per Florida Statute.  Any amount above the 500 will be determined in accordance with statute.

For Additional Information, contact:
Ann Killets/(akillets@palmbeach.k12.fl.us)
Janice S. Cover
Juanita Edwards

Attachments (list):
08-25-2005 10.RTF;31.RTF;41AM
Lakeside.rtf
Q&ACS1.doc