Charter legislation includes a provision for the renewal of a charter contract for those schools that have successfully completed their contract term. The school district's process for contract renewal consideration includes the submission of a letter of intent to renew the contract, a comprehensive program review, an update of the charter application, and the development of a new contract.

Consistent with established procedures, a district review team assessed the school's performance relevant to student achievement, finance, governance, administration, curriculum and instruction, and assessment.

Attached is a report of the review team's findings and recommendations (Attachment 1). Staff recommends approval of a five-year contract for Walton Academy for the Performing
Arts (Attachment 2). An application update including a five-year budget and annual academic goals submitted by the school are Appendix I and II of the contract.

The attached application update and academic goals are original documents submitted by Walton Academy for the Performing Arts.

* Demonstrate consistent and effective teaching methods, * Motivate students to become responsible learners, * Challenge and support all students with an appropriate curriculum, * Demonstrate best financial practices, * Demonstrate "best practices" in all aspects of safety including students, employees, visitors, facilities, transportation, and health

The charter school's enrollment will generate $1,003,983 in Florida Education Finance Program (FEFP) funds. The school district retains five percent ($50,199) of FEFP funds to offset services provided by the district. The school also receives approximately $89,018 in capital outlay funds from the Florida Department of Education. Costs associated with the development of the contract include district staff time and attorney fees.

On June 30, 2014, Walton Academy for the Performing Arts will participate in another contract renewal process which will include, but not be limited to: site visits, quarterly monitoring of student achievement, monthly monitoring of financial records, and a comprehensive district review.