Arkansas Department of Education Division of Elementary and Secondary Education Fiscal Distress/Early Intervention Checklist for 2025-2026

Memo Information

Memo Number
FIN-27-001
Memo Date
9/28/2026
Memo Type
Informational
Unit
Finance
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 has experienced two or more indicators of fiscal distress as described in Ark. Code § 6-20-1904, MUST fill out the Early Intervention Checklist at the link below. If a district does not have two or more indicators of fiscal distress, the checklist is not required.

Ark. Code § 6-20-1904(b)(2) states: "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. Information submitted through the checklist form will be used to determine whether support is needed and the appropriate level. Superintendents are encouraged to become familiar with the checklist to ensure compliance with the requirements established in law.

The Early Intervention Checklist reporting form is available at the following link: Early Intervention Checklist.

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

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