Coverage For Charter Schools

It is the intent of this administrative regulation to provide guiding principles for the NCSIG Board of Directors and staff to use in determining whether to endorse specific charter schools for coverage or renewal of coverage. 

The following attributes are required for endorsement or renewal of coverage:

• The charter school operations are subject to an annual independent financial audit.
• The charter school has a written policy of conformance with Education Code §47605(d) (1) regarding discriminatory practices in admitting students.
• The charter school adheres to the personnel policies of the chartering agency or has independent personnel policies that comply with state and federal regulations as they apply to charter schools.
• The charter school adheres to NCSIG policies and procedures and risk management guidelines.
• The chartering agency is a member of NCSIG. 

The following attributes are generally seen as positive in evaluating acceptable risks:

• The charter school is under the fiscal control of the chartering agency governing board, and their funds are included in the County Treasury and under the control of the chartering agency.
• The charter school is classroom based.
• The charter school is physically located within the geographic boundaries of the NCSIG and within the geographic boundaries of the chartering agency.

The following are required to evaluate application for membership:

• Completed Northern California Regional Excess Liability Fund application
• Completed independent financial audits for most recent two fiscal years (or most recent if school has been organized for less than two fiscal years)
• Current year school budget
• Copy of employee manual/handbook
• Memorandum of understanding with sponsoring district/chartering agency
• Any other materials as deemed necessary by the Board or JPA staff