PI 35.15(6)(d)7. 7. If the school’s financial audit does not include all revenues, expenditures, assets, and liabilities of the legal operating organization of the school, the school shall submit to the department financial statements for the school’s legal operating organization prepared in accordance with generally accepted accounting principles that meet all of the following requirements:

PI 35.15(6)(d)7.a. a. The financial statements do not contain a qualified audit opinion or an expression of the auditor’s doubt as to the organization’s ability to continue as a going concern.

PI 35.15(6)(d)7.b. b. The financial statements are two-year comparative financial statements that include the audit of the full-year financial information for the school years in which the requirements in subds. 1. to 6. are satisfied.

PI 35.15(6)(d)7.c. c. The financial statements show that the legal operating organization of the school also meets the requirements under subds. 1. to 5.

PI 35.15(6)(e) (e) If the school is unable to complete the requirements in par. (d) within 5 years from the date the department initially requires a surety bond or if the school’s financial position worsens, the department may terminate the school from the choice program.

PI 35.15(6)(f) (f) Upon the request of the department, a school that is required to provide a surety bond under par. (b) shall do all of the following:

PI 35.15(6)(f)1. 1. Attend fiscal management trainings.

PI 35.15(6)(f)2. 2. Submit to the department budget and cash flow reports and turnaround plans as prescribed by the department.

PI 35.15 History History: CR 16-004: cr. Register July 2016 No. 727, eff. 8-1-16; correction in (1) (intro.), (a), (2) made under s. 35.17, Stats., Register July 2016 No. 727; CR 19-120: am. (1) (intro.), (a), (b), (f) to (h), (6) (b) (intro.), (c), (d) 4. to 6., (e) Register May 2020 No. 773, eff. 6-1-20.

PI 35.16 PI 35.16 Administrator, teacher and teacher aide requirements.

PI 35.16(1) (1) Definitions. In this section:

PI 35.16(1)(a) (a) “Accredited institution of higher education” means an institution that is listed on the U.S. Department of Education Database of Accredited Postsecondary Institutions and Programs.

PI 35.16(1)(b) (b) “Administrator” has the meaning given in s. 119.23 (1) (ae), Stats.

PI 35.16(1)(c) (c) “Teacher” has the meaning given in s. 119.23 (1) (d), Stats.

PI 35.16(1)(d) (d) “Teacher aide” means any individual assisting with educational programming who is not a teacher or volunteer.

PI 35.16(2) (2) Administrator and teacher requirements. Except as provided under s. 119.23 (2) (c), Stats., all administrators and teachers at a school shall comply with the requirements under s. 119.23 (2) (a) 6., Stats., whether they are a paid employee, substitute, independent contractor, or uncompensated volunteer.

PI 35.16(3) (3) Teacher aide requirements. All teacher aides at the school shall comply with the requirements under s. 119.23 (7) (b) 3., Stats., whether they are a compensated or uncompensated employee, substitute, or independent contractor.

PI 35.16(4) (4) Foreign degree transcript evaluation. If an individual requires a bachelor’s degree under s. 119.23 (2) (a) 6., Stats., and has a degree or educational credential from a foreign institution, the individual shall have the degree or educational credential, transcripts, and pattern of training evaluated by one of the following professional evaluation services to determine if the degree or credential is equivalent to a bachelor’s degree from an accredited institution of higher education in the United States:

PI 35.16(4)(a) (a) Educational Credential Evaluators, Inc.

PI 35.16(4)(b) (b) Academic and Credential Records Evaluation and Verification Service.

PI 35.16(4)(c) (c) American Association of Collegiate Registrars and Admissions Officers.

PI 35.16(4)(d) (d) Any other organization members of the National Association of Credential Evaluation Services or the Association of International Credentials Evaluators.

PI 35.16(5) (5) Required documentation. A school shall obtain and retain the following documentation to demonstrate that each administrator and teacher has the credentials required under s. 119.23 (2) (a) 6. a. and b., Stats.:

PI 35.16(5)(a) (a) A copy of the degree or diploma or an official transcript that states the month and year the degree was earned.

PI 35.16(5)(b) (b) If the administrator or teacher has a degree or educational credential from a foreign institution, the school shall obtain a copy of the evaluation report required under sub. (4) and ensure it indicates the individual has the equivalent of a bachelor’s degree or higher from an accredited institution of higher education in the United States.

PI 35.16(5)(c) (c) A copy of the license issued by the department and verification that the license is current from the department website.

PI 35.16 History History: CR 16-004: cr. Register July 2016 No. 727, eff. 8-1-16; correction in (5) (intro.) made under s. 35.17, Stats., Register July 2016 No. 727.

PI 35.17 PI 35.17 Auditor fee.

PI 35.17(1) (1) The department shall annually determine the amount of the nonrefundable fee a school shall pay to the department under s. 119.23 (2) (a) 3., Stats. The department shall calculate the amount of the auditor fee by dividing the cost of the auditor position and unfunded prior year auditor costs, as determined by the department, by the number of schools that are required to submit the information under s. PI 35.06 (8).