The upcoming school year is on for students at Halau Lokahi.
The State Public Charter School Commission approved Wednesday the latest financial viability plan submitted by Halau Lokahi to address the school’s outstanding financial obligations and operate through the 2014-15 academic year.
The Commission will now release state funding for the school, which is slated to begin its school year on August 14.
The school also will be required to undergo monthly financial monitoring.
In late May, Halau Lokahi revealed serious financial difficulties to the Commission, including a $400,000 debt.
Since then, the school’s governing board has been reconstituted, the school has changed its staff leadership, and it has developed the new financial plan.
“By taking these measures over these last difficult weeks, the Commission has made the best of a very painful situation, while fulfilling its responsibilities to students, parents, and the public,” said Commission Executive Director Tom Hutton. “The school has a plan for paying off its debts instead of leaving these significant liabilities to the public, it can make a fresh start with new leadership, and, most importantly, students still are able to attend a school they and their families love.”
Halau Lokahi is a Hawaiian-focused school located in Kalihi on Oahu and serving grades kindergarten through 12.
It is still accepting applications for this school year and offers programs in both a traditional school setting and online.