Mar 3, 2026StrategicPlan
BoardArizona State Board for Charter Schools Financial Performance Framework
The Financial Performance Framework for the Arizona State Board for Charter Schools outlines six key measures designed to evaluate the financial viability and management practices of charter holders. These measures include Going Concern, Default, Unrestricted Days Liquidity, Adjusted Net Income, Lease Adjusted Debt Service Coverage Ratio, and Average Daily Membership. The framework aims to ensure all charter holders are viable organizations with strong fiscal management practices, concluding with summative financial performance ratings of Good Standing, Adequate Standing, and Intervention.