ADE Director's Communication Memos

ADE Director's Communication Memo Form

Memo Number : FIN-03-008	Date Created : 08/09/2002

Attention: Superintendents Co-op Directors	Type of Memo:	Informational
	Response Required:	No


Section: Public School Finance and Admin Support - Ms. Patricia Martin
Subject: Revenue Loss 2002-03 Regulatory Authority:	Contact Person: Richard McDowell Phone Number: 501/682-4258 E-mail: rmcdowell@arkedu.k12.ar.us

The Revenue Loss Funding distribution for 2002-2003 is attached. Fifty percent of this funding will be distributed by September 30. The balance will be distributed in June, 2003 in conjunction with the calculation of Student Growth Funding. A.C.A. §6-20-326 (b) prohibits a district from receiving both Revenue Loss Funding and Student Growth Funding. The amount of Revenue Loss Funding was not included on the July 9, 2002 Print Out. This data is being provided to assist districts in preparing the 2002-2003 budget.

Attachments: Revenue Loss Funding 2002-03