Vanguard Academy has drafted a comprehensive School Closure Policy detailing how student records, financial records, equipment, and other assets will be protected, transitioned, or disposed of if the charter school permanently closes. The policy, pending board approval, outlines requirements for a designated custodian of records, a base of operations during closure, final financial audits, inventory and liquidation or reassignment of technology, furniture, instructional materials, and equipment, and the review and termination of vendor contracts and leases in line with Utah law. While no closure decision is indicated, the policy creates a framework that will trigger multiple operational and compliance tasks if closure occurs, including potential needs for legal, audit, records management, asset inventory, liquidation, and insurance/risk support.Vendors offering charter closure project management, FERPA-compliant records solutions, audit support, asset disposition, or consulting around Utah charter closure requirements can position services as a way to operationalize this policy and reduce risk if the board or authorizer initiates a closure in the future.

Policy is explicitly marked as pending board approval and references Utah Code § 53G-5-504 for charter school closure requirements.