Arkansas Department of Education Division of Elementary and Secondary Education 2023-2024 Teacher Salary Equalization Funding

Memo Information

Memo Number
Memo Date
Memo Type
Fiscal & Administrative Services
Regulatory Authority
A.C.A. ยง 6-20-2305(b)(6)
Response Required
General Business Managers; Superintendents

Primary Contact Information

Memo Text

For the 2023-24 school year, 230 school districts have been identified by DESE as having an average annual teacher salary below the statewide target average annual salary of $51,822 and are eligible for Teacher Salary Equalization funding. The calculation uses each school district’s annual average non-federal classroom teacher salary as reported on the 2021-22 Annual Statistical Report and described in lines 83-84. National Board-Certified Bonuses are subtracted from the reported average in determining eligibility. Funding for eligible districts is $185 multiplied by the prior year ADM of the district. Please note that districts above the target salary that qualified for TSEF in a previous year will continue to receive TSEF equal to the amount received in the previous year. 

Attached is a list of school districts that are eligible for Teacher Salary Equalization funds in 2023-24. Please note that the amounts in column labeled “2023-24 TSEF Allocation” are based on the 2022-23 three-quarter average ADM as reported in Cycle 6. Any Cycle 7 corrections to ADM within the first three quarters of 2022-23 may change a district’s 2023-24 allocation. Additionally, qualifying current-year funded open-enrollment charter schools in 2023-24 will receive Teacher Salary Equalization funds based on their 2023-24 three-quarter average ADM.

Teacher Salary Equalization funding shall be expended only for teacher salaries and benefits. For further guidance, please see Commissioner's Memo FIN-21-048.

As a reminder disbursement of Teacher Salary Equalization funding is done monthly. The exact amount a district receives for Teacher Salary Equalization must be transferred to the teacher salary fund with accounts 69314 and 52204. The journal entry required to make this transfer from fund 2001 to fund 1000 is as follows:

DR          2001520000000000            69314

CR          2001                                    01010 (CASH)

DR          1000                                    01010 (CASH)

CR          1000                                    52204


Print Memo

Share this memo