R277-553-6. Remedying Charter School Deficiencies

  (1) Upon receiving credible information of charter school financial mismanagement or fraud, or a threat to the health, safety, or welfare of students, in coordination with the Superintendent an authorizer shall direct an independent review or monitoring, as appropriate.

  (2) An authorizer may direct a charter school governing board or the charter school administration to take reasonable action to protect students or state or federal funds consistent with Section 53G-5-503.

  (3) Upon receipt of findings documenting a threat to the health, welfare, or safety of a school under Subsection (1), an authorizer may:

  (a) recommend that the Superintendent impose corrective action against the school in accordance with Rule R277-114;

  (b) take immediate or subsequent corrective action with charter school governing board members or employees who are responsible for deficiencies consistent with Section 53G-5-501;

  (c) identify a remediation team to work with the school; or

  (d) immediately terminate the school's charter in accordance with Subsection 53G-5-503(5).

  (4) Upon receipt of findings documenting financial mismanagement or fraud by a charter school, an authorizer shall coordinate appropriate corrective action with the Superintendent.

  (5) An authorizer may exercise flexibility for good cause in making a recommendation regarding an identified deficiency.