ADE Director's Communication Memo Form


Memo Number : DIR-99-008

Date Created : 12/21/1998

Attention:

Superintendents
Co-op Directors

Type of Memo: Informational
Response Required: No
   
Section:   Central Administration - Mr. Raymond Simon
Subject:
State Equalization Funding

Regulatory Authority:
None

Contact Person:
Patricia Martin

Phone Number:
501-682-5124

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

The State Board of Education, at its November meeting, increased State Equalization Funding by $12,400,000. This increase will be reflected in your monthly payments, beginning in December. The Board strongly encourages local districts to consider applying this increase toward a greater contribution for staff health insurance premiums.

Student Growth and High Cost Transportation funds will be distributed by December 31, 1998. The December 1998 - 99 State Aid printout is scheduled to be mailed January 7, 1999. This printout will reflect changes in state aid that have occurred since the June 1998 printout was distributed.

Thank you for all your assistance in reporting the data necessary for us to process the latest changes. We hope you have a joyous holiday season.

Attachments:
    None

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