Title
Approval by the Board of Education of a Memorandum of Understanding (MOU) between District and Street Academy Foundation, for the latter to provide and operate an alternative education program to improve student achievement at Emiliano Zapata Street Academy, based on an estimated operating budget for the Academy Program of $460,000.00 based on 109 ADA and base revenue limit of $4,954.00, which is 100% of District-funded revenue per ADA for the 9-12 program less the District's direct and indirect costs (totaling 17.47%); subject to adjustments for state cost of living increase to District, if any, and for Academy pro rata share of lottery revenue and state and federal categorical funds, if eligible, in addition to the base revenue amount, or, as delineated in Section 2 - Payment of the MOU, for the period July 1, 2010 through June 30, 2012.
Body
[Enter body here.]