As a member of a charter school governing board, you understand that charter schools are deregulated institutions that are provided considerable autonomy. You also understand that with this autonomy comes the responsibility of protecting and extending the term of the charter. This requires that the school demonstrate success in three main areas: Measurable student academic achievement; Proper financial management, such as adopting and maintaining an annual balanced budget; Compliance with all local, state, and national statutes as they pertain to education. Governing a school to achieve success in these areas can be a daunting task. Training in school governance and operations is essential in helping boards maintain the charter and have a successful school.