ADE Director's Communication Memo Form


Memo Number : FIN-07-064

Date Created : 05/09/2007

Attention:

Superintendents
Co-op Directors

Type of Memo: Regulatory
Response Required: Optional
   
Section:   Fiscal and Administrative Services - William J. Goff, Assistant Commissioner
Subject:
State Aid Notice 2006-07 (Year-End)

Regulatory Authority:
Ark.Code Ann. §§ 6-5-301 et seq., 6-20-601 et seq., 6-20-2301 et seq., 6-20-2501 et seq.

Contact Person:
Vivian Roberts

Phone Number:
501-682-4258

E-mail:
Vivian.Roberts@arkansas.gov

The final state aid notice for fiscal year 2006-2007 has been completed and will be posted after May 15, 2007, to the Arkansas Department of Education (ADE) web site http://www.arkansased.org/. A hard copy will not be mailed. To view a district’s state aid notice, first select School Finance Reports from the drop-down menu located under Quick Links. From the list of school finance reports, select State Aid Notice 2006-07 - PDF May 15, 2007. Then, select Edit and Find. Type the name of the school district in the Find box, and click Enter. To print a copy of the selected state aid notice, select File, Print, and then Current Page under the Print Range section. Then, click OK.

For each funding category, the following information is provided on the state aid notice: indication of the existence of an ADE Rule; the amount of state aid; the applicable statutory code; indication of the existence of expenditure restrictions; the Revenue Code; and the Source of Funds Code. The DATA section of the state aid notice shows the data supporting the funding calculations. The percentage of State Foundation Funding that is Educational Excellence Trust Funds has not changed since the February 28, 2007, state aid notice. Student Growth Funding is based on the comparison of 2006-2007 two-quarter Average Daily Membership (ADM) data to 2005-2006 two-quarter ADM data, and uses a multiplier of $5,400. Alternative Learning Environment Funding is based on prior year full-time equivalent data. English Language Learners Funding is based on data reported on the home language survey completed by school districts in October 2006. National School Lunch Act Funding is based on October 1, 2005, enrollment data. Line 42 indicates additional funding provided to districts that qualify for both Declining Enrollment Funding and Isolated Special Needs Funding.

The Arkansas Department of Education Rules may be found at http://www.arkansased.org/. From the drop-down menu located under Rules, select Current Rules, and then select the specific rule. The Rules Governing the Distribution of Student Special Needs Funding and the Determination of Allowable Expenditure of Those Funds may be accessed by selecting Rules, Current Rules, and then Student Special Needs Funding - PDF Nov. 13, 2006. The Rules Governing Professional Development, the Rules Governing the Closing of Isolated Schools, and the Education Excellence Trust Funds Rule may be accessed using the same steps, but as the final step, select Professional Development - PDF 7/11/2005, Closing Isolated Schools - PDF July 2005, or Education Excellence Trust Funds - PDF 6/10/1996. The Arkansas Division of Public School Academic Facilities and Transportation Rule Governing the Retirement and Termination of Bonded Debt Assistance, General Facilities Funding and Supplemental Millage Incentive Funding dated November 2005 is posted on the Arkansas Division of Public School Academic Facilities & Transportation web site http://wwwarkansasfacilities.com. The Schedule of 2006-2007 State Aid Disbursements is attached to Commissioner’s Memo Number FIN-07-005, dated July 19, 2006. Please review your district’s state aid notice carefully.

Questions may be directed to Vivian Roberts at 501-682-4258.

Attachments:
    None

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