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.