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.