| (C) For the purposes of this chapter, the term "academically
unacceptable" performance means a rating of Academically Unacceptable,
AEA: Academically Unacceptable, Improvement Required, or Unacceptable
Performance or as otherwise indicated in the applicable year's academic
accountability manual.
(27) Determination of financial accountability--The
process used to determine the applicable year's Financial Integrity
Rating System of Texas (FIRST) rating to measure the financial performance
of a charter.
(A) For purposes of this chapter, a satisfactory rating
shall mean: Superior Achievement, Above Standard Achievement, or Standard
Achievement.
(B) For the purposes of this chapter, a lower than
satisfactory financial performance rating shall mean a FIRST rating
of Substandard Achievement, Suspended: Data Integrity, or as otherwise
indicated in the applicable year's financial accountability manual.
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