(a) The governing body of the public charter school shall make an annual progress report to the authorizer and to the commissioner of education. The report must contain the following information:

Terms Used In Tennessee Code 49-13-120

  • Authorizer: means :
    (A) A local board of education, the Tennessee public charter school commission, or the achievement school district as defined in §. See Tennessee Code 49-13-104
  • Charter agreement: means a fixed-term renewable agreement between a public charter school and the authorizer that outlines the rights, responsibilities, and performance expectations of each party. See Tennessee Code 49-13-104
  • Governing body: means the organized group of persons who will operate a public charter school or schools by deciding matters, including, but not limited to, budgeting, curriculum and other operating procedures for the public charter school and by overseeing management and administration of a public charter school. See Tennessee Code 49-13-104
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Public charter school: means a public school in this state that is established and operating under the terms of a charter agreement and in accordance with this chapter. See Tennessee Code 49-13-104
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105
(1) The progress of the public charter school towards achieving the goals outlined in the school’s charter agreement;
(2) Financial records of the public charter school, including revenues and expenditures; and
(3) A detailed accounting, including the amounts and sources, of all funds received by the public charter school, other than the funds received under § 49-13-112(a).
(b) The reports made pursuant to subsection (a) shall be public information pursuant to § 10-7-504(a)(4). Based on the information provided to the commissioner of education under subsection (a), the commissioner shall prepare and submit an annual report on charter schools to the education committee of the senate and the education administration committee of the house of representatives.
(c) In addition to the annual audit of accounts and records of its approved public charter schools pursuant to § 49-13-127, each authorizer shall submit an annual authorizing report to the department of education and state board of education by January 1 of each year. The report shall include the following items:

(1) The operating status of the charter schools approved by the authorizer with a designation of:

(A) Approved but not yet open;
(B) Open and operating;
(C) Revoked, including the reason for revocation;
(D) Nonrenewed; or
(E) Closed, including date of closing and the reason for closing;
(2) The oversight and contracted services, if any, provided by the authorizer to the charter schools approved by the authorizer; and
(3) A performance report for each public charter school it oversees, in accordance with the performance framework set forth in the charter agreement.