Dr. Jennifer McCormick Superintendent of Public Instruction DEPARTM ENT OF EDUCATION ?gef/wfa/a?a chedxi July 12, 2019 Dr. Percy Clark, Jr. School Superintendent Indiana Virtual School Indiana Virtual Education Foundation 500 E. 96?? Street, Ste #400 Indianapolis, IN 46240 Re: Reduction of tuition support for Indiana Virtual School (IVS) pursuant to ADM adiustment by Indiana State Board of Education (SBOE) Dear Dr. Clark, As you are aware, on July 10, 2019, the SBOE voted to readjust and reduce the ADM counts for the 2016?2017, 2017-2018, and 2018?2019 school years for IVS. Accordingly, the Indiana Department of Education (IDOE) has determined that, effective immediately, we will be recapturing all excess tuition support dollars distributed to IVS based upon the newly established ADM counts. To this end, IDOE will be withholding all tuition support payments until the excess tuition support dollars have been recaptured. At this time, preliminary estimate of the amount IVS currently owes the State of Indiana is $21 ,700,000.00. After fully uploading all new ADM estimates for IVS, IDOE reserves the right to later amend this dollar amount. IDOE is in receipt of your letter dated July 5, 2019 informing IDOE that IVS intends to close September 30, 2019. Should your board take any action in light ofthis or actions, we ask you immediately inform us. I also remind you that you are bound by all responsibilities of your charter agreement, to include all closure protocols. If you have any questions or concerns, please do not hesitate to contact me at 317-233-0013. Respectfully, I, . Aner?Bernlohr General Counsel, IDOE Cc: Daleville Community Schools Attn: Dr. Paul Garrison 115 W. Washington Street I South Tower, Suite 600 I Indianapolis, Indiana 46204 317.232.6610 I