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Committee backs charter school revolving account rule and committee structure
Summary
The finance committee approved R277‑480 on first reading and forwarded it to the full board; staff said the rule would re‑establish a previously statutory charter school revolving account committee and update loan amounts dispersed to charters.
The Finance Committee approved draft R277‑480, which would re‑establish and set implementation guidelines for the charter school revolving account committee and update the loan amounts available to charter schools.
Ben Rasmussen, director of law and professional practice, and Director Yuri (staff lead on charter programs) explained that the legislature removed statutory language that had formerly…
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