ADE Director's Communication Memo Form


Memo Number : FIN-10-098

Date Created : 06/21/2010

Attention:

Superintendents
Co-op Directors
other: General Business Managers

Type of Memo: Administrative
Response Required: No
   
Section:   Fiscal and Administrative Services - William J. Goff, Assistant Commissioner
Subject:
2009-2010 Expenditure Requirements for Gifted and Talented Programs

Regulatory Authority:
Ark. Code Ann. 6-20-2208(c)(6) et. seq. (as amended by Act 61 of the 2nd Extraordinary Session of 2003)

Contact Person:
Kathleen Crain

Phone Number:
501-682-4887

E-mail:
kathleen.crain@arkansas.gov

Pursuant to Ark. Code Ann. 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 of the foundation funding amount multiplied by five percent of the school district's prior year Three Quarter Average Daily Membership (3QTR ADM).

A spreadsheet is attached that shows each district's 2009-2010 spending requirement for Gifted and Talented Programs based on the Foundation Funding amount of $5,905.

Attachments:

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