U.S. Department of Education: Promoting Educational Excellence for all Americans

A r c h i v e d  I n f o r m a t i o n

ESEA: Credit Enhancement for Charter School Facilities - 2004

CFDA Number: 84.354A - Charter Schools Facilities Program


Program Goal: Credit Enhancement for Charter School Facilities program Internal Goal
Objective 8.1 of 1: Credit Enhancement for Charter School Facilities program Internal Objective 1
Indicator 8.1.1 of 2: Leveraging funds.: Leveraging funds.
Targets and Performance Data Assessment of Progress Sources and Data Quality
The amount of funding grantees leverage for the acquisition, construction, or renovation of charter school facilities.
Year Actual Performance Performance Targets
 
Funding in Millions
Funding in Millions
2003
99
999
2004
 
100
2005
 
101


Progress: As of September 30, 2003, $99 million was leveraged for charter schools.

Explanation: $98 million was leveraged to help charter schools acquire, build, or renovate school facilities and $1 million was leveraged to help charter schools lease facilities. The funds leveraged only include the funds leveraged by the FY 2001 grantees.   		Source: Performance Report
Grantee Performance Report: Charter School Facilities Grantee Performance Report.
Program: Credit Enhancement for Charter School Facilities OMB #1855-0010.

Frequency: Annually.
Collection Period: 2003 - 2004
Data Available: January 2005
Information in the performance report will be validated through the following means: obtaining loan documents from grantees, calling charter schools that have received services, and conducting site visits.

 
Indicator 8.1.2 of 2: Number of school facilities acquired, constructed, or renovated using program funds.: Number of school facilities acquired, constructed, or renovated using program funds.
Targets and Performance Data Assessment of Progress Sources and Data Quality
The number of charter schools served through this indicator.
Year Actual Performance Performance Targets
2003
20
 
2004
 
20
2005
 
20


Progress: As of September 30, 2003, the program assisted 20 charter schools in acquiring, constructing, or renovating school facilities.

Explanation: The program assisted 18 charter schools to buy, build, or renovate school facilities. It helped 2 charter schools lease facilities.   		Frequency: Annually.
Collection Period: 2003 - 2004
Data Available: December 2004
Information in the performance report will be validated through the following means: obtaining loan documents from grantees, calling charter schools that are listed as receiving services, and conducting site visits.

 

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