Financial Impact Clause Samples

Financial Impact. The school anticipates that the requested waivers will have no financial impact on Denver Public Schools or the school. How the Impact of the Waivers Will be Evaluated: Since this area has a critical impact on the performance of the entire school, the impact of this waiver will be measured by the same performance criteria and assessments that apply to the school, as set forth in this Charter School Agreement.

Financial Impact. The Agreement is in the revenue amount of $11,042,739. The term of the Agreement is July 1, 2017, through June 30, 2019, and requires ratification to become effective July 1, 2017.

Financial Impact. The Agreement is in the revenue amount of $624 for the term of the Agreement. The term of the Agreement is upon execution for a period of three months.

Financial Impact. The Grant Agreement is in the revenue amount of $954,800 for the term of the Grant Agreement. The term of the Grant Agreement is upon execution through June 30, 2023.

Financial Impact. The Agreement is in the amount of $1,000. The term of the Agreement is November 18, 2016, through November 17, 2018, and requires ratification to become effective November 18, 2016.

Financial Impact. N/A VI. Environmental: N/A

Financial Impact. The school anticipates that the requested waivers will have no financial impact on Denver Public Schools or the school.

Financial Impact. Appropriations for these Agreements will be included in the FY 2019-20 budgeting process. Funding Sources:

Financial Impact. Westgate Community School anticipates that the requested waiver will have no financial impact upon ▇▇▇▇▇ 12 Five Star School District or Westgate Community School. How the Impact of the Waiver will be evaluated: The impact of this waiver will be measured by the success of Westgate to submit the new calendars to the district by their deadlines. Expected Outcomes: Westgate Community School expects that as a result of this waiver, we will be able to continue to provide appropriate education to our students while maintaining the state’s guidelines for instructional hours and days for our students. School Name: Westgate Community School School Address: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Prepared by: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Preparer’s Phone Number: ▇▇▇-▇▇▇-▇▇▇▇ Preparer’s Email Address: ▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Charter School Contact: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Charter School Contact Email Address: ▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ District Contact: ▇▇▇ ▇▇▇▇▇ District Contact Email Address: ▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ STATUTE DESCRIPTION AND RATIONALE ▇▇-▇▇-▇▇▇, C.R.S. Teacher Employment Act – Compensation and Dismissal Act – Contracts in writing, damage provision Westgate Community School requests waivers from this statute to allow the school to select its own personnel and determine their compensation. Westgate Employees are at will and given a written offer letter prior to the beginning of the year. Rationale: Teacher skills, qualifications and retention are key determinants of student academic success. Westgate Community School will hire the most qualified candidates available and, to bolster retention, compensate teachers for additional performance, hours of work year, hours of work days, and additional duties. The school has the authority to hire its own personnel and to issue its own employment offer letters to newly hired teachers. The school will follow district application processes including background checks, fingerprinting, and equal employment policies. Westgate Community School will have a compensation structure for additional work, incentives, and performance pay. Compensation will be agreed upon and communicated in advance. The teacher agreement will be developed in collaboration with the school board. In addition, the school has the authority to establish its own additional compensation system for all employees. A letter will outline the terms of employment, including at-will employment. Hours of work day, duties, and lunch duty will be determined by th...