ADE Director's Communication Memo Form


Memo Number : FIN-00-032

Date Created : 04/04/2000

Attention:

Superintendents
Co-op Directors

Type of Memo: Informational
Response Required: Optional
   
Section:   Public School Finance and Admin Support - Ms. Patricia Martin
Subject:
Poverty Funds Index Calculation for 2000-2001 fiscal year

Regulatory Authority:
N/A

Contact Person:
Patricia Martin

Phone Number:
501/682-5124

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

Attached is the data to be used in the calculation of the distribution of Poverty Index Funds for the 2000 -2001 fiscal year. The calculation is based on the percent of enrolled Kindergarten (K) and Grade 1 (1) students that are eligible to receive free and or reduced priced meals. The Department will distribute $8.5 million based on this data.

This data was submitted in the Cycle 2 "October 1 Report" of Student Data. It was taken from the meal field, where it was coded either "free", "reduced" or "paid". Since this is the first year to code this data, submit it via the SIS, and use it for the distribution of funds, it is important that you review this data for accuracy.

If you identify any discrepancies, please submit a written explanation with the appropriate documentation to:
Patricia Martin, Assistant Director
Public School Finance & Administration
Arkansas Department of Education
#4 Capitol Mall, Rm. 202-A
Little Rock, AR 72201

All explanations must be submitted by Friday April 28, 2000.

The attachment will also be available on the ADE web page at http://arkedu.state.ar.us/school_finance.htm.



Attachments:

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