Memo Text
There is good news regarding average teacher salaries in
Arkansas school districts! First, the
average teacher salary for traditional school districts and open-enrollment
charter schools increased by approximately $1,200 in the 2020-2021 school year. Additionally, Acts 679 and 680 of 2021 have created
the Teacher Salary Equalization Fund designed to assist school districts in
increasing teacher salaries. Fifty-two school districts are receiving Teacher
Salary Equalization Funds in the 2021-2022 school year.
For the 2022-2023 school year, school districts must be
identified by DESE as having an average annual teacher salary below the
statewide target average annual salary to be eligible for Teacher Salary
Equalization funding. For the 2021-2022
and 2022-2023 school years, the General Assembly has set the statewide target
average annual salary at $51,822. For 2022-2023, the DESE has calculated
each school district’s annual average non-federal classroom teacher salary as
reported on the 2020-2021 Annual Statistical Report and described in lines
83-84. National Board-Certified Bonuses were subtracted from the reported
average in determining eligibility. Districts that did not receive
Teacher Salary Equalization funds in 2021-2022 and that have a 2020-2021
average non-federal classroom teacher salary of less than $51,822 after
subtracting NBCT bonuses are eligible for Teacher Salary Equalization funding
in 2022-2023. Additionally, all
districts that received Teacher Salary Equalization funding in 2021-2022 will
receive at least the same amount of funds in 2022-2023, regardless of their
2020-2021 average teacher salary or any drop in ADM. Funding for eligible districts is $185
multiplied by the prior year Average Daily Membership (ADM) of the
district.
Attached is a list of school districts the DESE has determined
to be eligible for Teacher Salary Equalization funds in 2022-2023. Please
note that the amounts in column labeled “2022-2023 TSEF Preliminary Allocation”
are estimates based on the 2020-2021 three-quarter average ADM. Actual funding amounts per district for the
2022-2023 school year will be determined after the 2021-2022 three-quarter ADM
is finalized in cycle 7.
Teacher Salary Equalization funding shall be expended only for
teacher salaries and benefits.
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