Hozho Academy at New Mexico Public Education Department

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This document is a preliminary renewal recommendation from the Charter Schools Division of the New Mexico Public Education Department for J. Paul Taylor Academy. It evaluates the academy's performance during its 2021-2026 contract term across academic, organizational, and financial areas. The recommendation is for renewal for a term of five years without conditions, noting areas of strength in student outcomes and educational programs, and acknowledging addressed challenges in financial compliance and other performance indicators.

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This document confirms the five-year charter school renewal for School of Dreams Academy by the Public Education Commission, effective July 1, 2024, to June 30, 2029. The renewal is contingent upon specific conditions related to improving student academic growth, graduation rates, addressing special education needs, and ensuring sound fiscal management with appropriate safeguards for state funds. Negotiations for the formal contract and performance framework are scheduled for March 2024.

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The School of Dreams Academy (SODA) has submitted a report to the Public Education Commission (PEC) detailing its compliance with contract conditions for the 2024-2025 school year, as part of a negotiated contract spanning SY 2024-2029. The report showcases SODA's academic growth in Language Arts and Mathematics, evidenced by improved student growth percentages in ELA and Math, and year-over-year gains in MSSA proficiency rates. It highlights the success of the 'Walk Toward Your Dreams' program in enhancing high school performance and achieving a 78.61% graduation rate for the 2024 cohort. The report also identifies a challenge with 12th-grade math testing using NWEA and commits to finding solutions.

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This document contains two primary components: an Enrollment Cap Amendment Request for Explore Academy's Charter Contract and a Lease Purchase Arrangement for the school's facility. The amendment request seeks to increase the school's enrollment capacity to 1700 students and expand its grade levels to K-5, detailing staffing plans, enrollment projections, and resource requirements. The Lease Purchase Arrangement, effective January 15, 2019, establishes the terms for Explore Academy to lease and eventually purchase its facility at 5100 Masthead Street NE, Albuquerque, with a detailed base rent schedule outlining monthly payments until January 2048, totaling over $23.9 million.