Pursuant to Ark. Code Ann. Sec 6-20-2208(c)(6), school districts are required to expend state and local revenues on gifted and talented programs in an amount equal to fifteen percent (15%) of the foundation funding amount multiplied by five percent (5%) of the school district’s prior year Three Quarter Average Daily Membership (3QTR ADM).
A spreadsheet is attached that shows each district’s 2006-2007 spending requirement for Gifted and Talented Programs based on the Foundation Funding amount of $5,662.