Education  December 13, 2018

State board: Global Village Academy must close by June

FORT COLLINS — The Colorado Charter School Institute board of directors voted this week to formalize a determination that Global Village Academy in Fort Collins has failed to meet certain agreed-upon financial-viability and enrollment milestones.

As a result, the school will be begin the process of closing effective June 30, 2019, according to a board news release.

The school opened in 2013 as a dual-language immersion program authorized by CSI, Colorado’s statewide-charter authorizing entity. But during a charter renewal in 2017, CSI identified several financial and operational risks.

SPONSORED CONTENT

GVA-FC was granted a two-year contract renewal with specific contract milestones designed to address these deficiencies. CSI staff have determined that a plan submitted by the school did not demonstrate financial viability and thereby posed a significant risk to GVA-FC students and staff, the release said.

School leadership has informed families and staff of the board’s decision and will be hosting a meeting Dec. 17 to explore next steps.

FORT COLLINS — The Colorado Charter School Institute board of directors voted this week to formalize a determination that Global Village Academy in Fort Collins has failed to meet certain agreed-upon financial-viability and enrollment milestones.

As a result, the school will be begin the process of closing effective June 30, 2019, according to a board news release.

The school opened in 2013 as a dual-language immersion program authorized by CSI, Colorado’s statewide-charter authorizing entity. But during a charter renewal in 2017, CSI identified several financial and operational risks.

GVA-FC was granted a two-year contract renewal with specific contract milestones designed to address these…

Related Posts

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Sign up for BizWest Daily Alerts