Annual Report 2005-06 | Page 41

Performance Objective or Goal Baseline Data (Year One Performance) III.4. The school meets the terms of the charter agreement and faithfully implements the plans contained in the application. Annual Target Five-Year Target Year Two Performance SY 2004-2005 Yearly review by Public Charter Board. As determined by the Chartering Authority. As determined by the Chartering Authority. As determined by the Chartering Authority. As determined by the Chartering Authority. III.5. The school meets the requirements of applicable laws and regulations. Yearly review by Public Charter Board. As determined by the Chartering Authority. As determined by the Chartering Authority. As determined by the Chartering Authority. As determined by the Chartering Authority. III.6. The Board of Trustees adopts a realistic and balanced annual budget. Yearly budget execution. Meets all payroll and financial obligations. Projects a stable program. Projects a stable program. Projects a stable program. III.7. The school will be well managed fiscally, remaining solvent and meeting the financial goals set forth in its annual budget. Second and subsequent. Federally allocated funds will be used according to specific guidelines, resulting in a balanced budget. Federally allocated funds will be used according to specific guidelines, resulting in a balanc ed budget. Federally allocated funds will be used according to specific guidelines, resulting in a balanced budget. Federally allocated funds will be used according to specific guidelines, resulting in a balanced budget. Year Three Performance SY 2005-2006 Carlos Rosario International Public Charter School, Annual Report SY 2005-2006, Accountability Plan Performance Year Four Performance SY 2006-2007 Year Five Performance SY 2007-2008 - 40 -