ADE Director's Communication Memo Form


Memo Number : FIN-05-040

Date Created : 06/20/2005

Attention:

Superintendents
Co-op Directors

Type of Memo: Informational
Response Required: No
   
Section:   Public School Finance and Admin Support - Ms. Patricia Martin
Subject:
2005 40% Pullback Calculation

Regulatory Authority:
A.C.A. §6-20-401(4)

Contact Person:
Julie Kreth

Phone Number:
501-682-5128

E-mail:
jkreth@arkedu.k12.ar.us

The Department has completed the 40% Pullback calculation for calendar year 2005 property taxes. The report is attached.

As a reminder, eight districts that were consolidated or annexed under Act 60 of the Second Extraordinary Session of 2003 have not voted a unified millage rate. Separate millage rates and pullback calculations for these districts are shown on this report. Please read the notes on the report for further details.

Requests for additional information should be directed to Julie Kreth, Coordinator, Financial Accountability at 501-682-5128.

Attachments:

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