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1 | | property or assets of the charter school purchased with public |
2 | | funds shall be returned to the school district or districts |
3 | | from which the charter school draws enrollment, at no cost to |
4 | | the receiving district or districts, subject to each |
5 | | district's acceptance of the property or asset. Any unspent |
6 | | public funds or other property or assets received by the |
7 | | charter school directly from any State or federal agency shall |
8 | | be refunded to or revert back to that State or federal agency, |
9 | | respectively. |
10 | | (b) Upon the closing of a charter school authorized by the |
11 | | State Board, the governing body of the charter school or its |
12 | | designee shall refund all unspent public funds to the State |
13 | | Board. The charter school's other property and assets shall be |
14 | | disposed of under the provisions of the charter application |
15 | | and contract. If the application and contract are silent or |
16 | | ambiguous as to the disposition of any of the school's |
17 | | property or assets, any property or assets of the charter |
18 | | school purchased with public funds shall be returned to the |
19 | | school district or districts from which the charter school |
20 | | draws its enrollment, at no cost to the receiving district or |
21 | | districts, subject to each district's acceptance of the |
22 | | property or asset. Any unspent public funds or other property |
23 | | or assets provided by a State agency other than the State Board |
24 | | or by a federal agency shall be refunded to or revert back to |
25 | | that State or federal agency, respectively. |
26 | | (c) For charter schools located in a school district |
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| | 10400SB0144sam001 | - 3 - | LRB104 05821 LNS 24267 a |
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1 | | organized under Article 34 of this Code, if a charter school |
2 | | proposes to close one or more campuses during the term of its |
3 | | contract, then (i) the charter school shall announce the |
4 | | proposal no later than September 1 of the year prior to the |
5 | | effective date of the closure, (ii) the charter school is |
6 | | subject to the procedures set forth in Sections 34-200 through |
7 | | 34-235 of this Code, and (iii) the local school board retains |
8 | | the authority to approve or deny the closure. If the local |
9 | | school board approves the closure, the governing body of the |
10 | | charter school shall work collaboratively with the local |
11 | | school board, educators, and the families of students |
12 | | attending the campus of the charter school that is the subject |
13 | | of the closure to ensure the successful integration of |
14 | | affected students into new learning environments. Affected |
15 | | students who reside in the district shall be guaranteed a seat |
16 | | at a district school. If a determination is made to close a |
17 | | charter school located within the boundaries of a school |
18 | | district organized under Article 34 of this Code for at least |
19 | | one school year, the charter school shall give at least 60 |
20 | | days' notice of the closure to all affected students and |
21 | | parents or legal guardians. |
22 | | (d) Upon the closing of a charter school located in a |
23 | | school district organized under Article 34 of this Code, the |
24 | | charter school's licensed teachers shall be guaranteed a |
25 | | similar position for which they are qualified at a district |
26 | | school, preferably one that receives students from the closed |