Resolved: The Charter School Division shall report monthly the current overallocation fees owed by charter schools.
Resolved: Since the loan forgiveness of $7,678,022 and the delayed payment terms were not approved by the LAUSD Board, they are not legally binding.
Resolved: Any future payment plans must include the assessment of interest from the time the debt was incurred. The interest rate shall be in line with what a bank would charge for a business loan.
Resolved: Any charter school with an unpaid balance 30 Days after passage of this resolution and who does not have a payment plan approved by the LAUSD Board shall be considered financially insolvent under the terms of their charter. The Charter School Division shall immediately commence a revocation process with closure effective at the end of the school year.
Resolved: The LAUSD schools affected by these unpaid balances shall immediately have access to their share of the fees after presenting an updated budget approved by their School Site Council.
Resolved: Any charter school not currently operating shall have its past-due balance turned over for collections.
Resolved: The salary of the current Director of the LAUSD Charter School Division shall not be increased or his contract extended until the entire debt is paid in full.
Carl Petersen is a parent advocate for public education, particularly for students with special education needs, who serves as the Education Chair for the Northridge East Neighborhood Council. As a Green Party candidate in LAUSD's District 2 School Board race, he was endorsed by Network for Public Education (NPE) Action. Dr. Diane Ravitch has called him "a valiant fighter for public schools in Los Angeles." For links to his blogs, please visit www.ChangeTheLAUSD.com. Opinions are his own.
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