Arkansas Department of Education Division of Elementary and Secondary Education Fiscal Distress/Early Intervention Checklist for 2023-2024

Memo Information

Memo Number
COM-25-018
Memo Date
9/23/2024
Memo Type
Informational
Unit
District Operations
Regulatory Authority
Ark. Code Ann. ยง 6-20-1901 et seq.
Response Required
YES
Attention
Bookkeepers; General Business Managers; Superintendents

Primary Contact Information

Secondary Contact/s Information

Memo Text

Any district that have experienced two (2) or more indicators of fiscal distress as described in §6-20-1904, MUST fill out the Early Intervention Checklist in the following link. If a district does not have two (2) or more indicators of fiscal distress, they do not need to fill out the checklist.

Ark. Code Ann. §6-20-1904(b)(2) "By November 1 of each year, the superintendent of a public school district shall report to the division if the superintendent is aware the school district has experienced two (2) or more indicators of fiscal distress, as described in subsection (a) of this section or in division rules,  in one (1) school year that the superintendent deems to be at a nonmaterial level but that without intervention could place the district in fiscal distress." 

The division has developed an Early Intervention Checklist to assist with the identification of indicators and compliance with the law. The checklist information will be used to determine if a district qualifies for fiscal distress or early intervention. Superintendents are encouraged to become familiar with the checklist so each one can fulfill the obligations as stated in the law.

District may use the following link to google forms for online submission. https://forms.gle/MBkRHywTx57C8eQg8

For more information, DESE Rules Governing the Arkansas Fiscal Assessment and Accountability Program are located here.

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