Annual Report 2005-06 | Page 35

Performance Objectives or Goals Performance Indicators Measures of Performance Indicators Annual Target Five-Year Target Baseline Data Strategies for Attainment III.7. The school will be well managed fiscally, remaining solvent and meeting the financial goals set forth in its annual budget. The school will: 1) meet its payroll; 2) pay its payroll taxes; 3) use appropriate procurement procedures; 4) maintain adequate insurance coverage; 5) make scheduled loan payments; 6) offer different pension options. No audits findings. Federally allocated funds will be used according to specific guidelines, resulting in a balanced budget. Federally allocated funds will be us ed according to specific guidelines, resulting in a balanced budget. Second and subsequent. Contracted out to a qualified CPA, serving as a full-time employee of the Carlos Rosario International Public Charter School. Carlos Rosario International Public Charter School, Annual Report SY 2005-2006, Accountability Plan - 34 -