ADE Director's Communication Memo Form


Memo Number : FIN-08-073

Date Created : 04/08/2008

Attention:

Superintendents
Co-op Directors

Type of Memo: Informational
Response Required: No
   
Section:   Fiscal and Administrative Services - Dr. Bobbie Davis, Assistant Commissioner
Subject:
2007 Final Millage Report

Regulatory Authority:
N/A

Contact Person:
Cindy Hedrick

Phone Number:
501-682-4258

E-mail:
cindy.hedrick@arkansas.gov

The Arkansas Department of Education (ADE) has completed the 2007 Millage Report. The report is attached. After May 1, the report will also be available at: http://arkansased.org/communications/reports.html. The report provides calendar year 2007 millage rates for taxes collectible in calendar year 2008 and includes millage rollbacks. The county clerk of the county in which the school district is administered provides to the ADE a certified copy of the certification of election and ballot. The Assessment Coordination Department is the source for adjustments or rollback of millage rates. The data from the 2007 Millage Report will be used in the calculation of school funding for fiscal year 2008-2009.

The 2007 Preliminary Millage Election Results, posted January 3, 2008, as an attachment to Commissionerís Memo FIN-08-051, is a preliminary report of millage rates resulting from elections but, does not include millage rollbacks.

Three districts that were consolidated or annexed under Act 60 of the Second Extraordinary Session of 2003 have not voted a unified millage rate. The millage rate of each former district is listed separately in the report. Please read the notes at the top of the report for further details.

Questions may be directed to Cindy Hedrick, Local Fiscal Services Coordinator, at 501-682-4258.

Attachments:

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