Arkansas Department of Education Division of Elementary and Secondary Education Maintenance of Equity Preliminary Results for 2021-2022

Memo Information

Memo Number
FIN-23-009
Memo Date
8/29/2022
Memo Type
Informational
Unit
Fiscal & Administrative Services
Regulatory Authority
Response Required
NO
Attention
Federal Programs; Superintendents; Assistant Superintendent; General Business Managers; Bookkeepers

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Secondary Contact/s Information

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Memo Text

ADE has recently posted Preliminary Maintenance of Equity Data through August 12, 2022. This data will give every district an idea of where they stand in terms of passing or failing Maintenance of Equity. For those districts who have passed Maintenance of Equity, nothing further is required. For those districts that qualified for an exceptional or uncontrollable circumstance exemption we have contacted you individually with a form provided by USDE to fill out and send back to us. For those districts that are currently failing Maintenance of Equity, the Finance Department has also reached our separately with options/next steps for closing out fiscal year 2021-2022 and possible alternatives for a exemption through contacting USDE directly.

If you have a “Yes” next to any of these options below,  you have passed Maintenance of Equity.

If you have a 0.00 in this exemption section, then your district has qualified for an exceptional circumstance exemption for an overall increase in per-pupil expenses from fiscal year 2020-2021 to 2021-2022.

 

We have contacted these districts separately with the next steps for this exemption.

Please refer to our website https://dese.ade.arkansas.gov/report to access all your reports and preliminary data, by changing the school year to 2021-2022 and the report type to Maintenance of Equity.

For more information on Maintenance of Equity visit our website: https://dese.ade.arkansas.gov/Offices/fiscal-and-administrative-services/school-funding/maintenance-of-equity or USDE https://oese.ed.gov/offices/education-stabilization-fund/elementary-secondary-school-emergency-relief-fund/maintenance-of-equity/

 

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