Arkansas Code Title 6, Subtitle 2, Chapter 20, Subchapter 19 - Arkansas Fiscal Assessment and Accountability Program

• § 6-20-1901 - Title.
  This subchapter shall be known as and may be cited as the "Arkansas Fiscal Assessment and Accountability Program".
• § 6-20-1902 - Purpose.
  The purpose of this subchapter shall be to establish and implement a program by which the Department of Education shall identify, assess, and address...
• § 6-20-1903 - Definitions.
  As used in this subchapter: (1) "Annexation" means the joining of an affected school district or part of the school district with a receiving...
• § 6-20-1904 - Indicators of Fiscal Distress.
  (a) A school district meeting any of the following criteria may be identified by the Department of Education to be a school district in...
• § 6-20-1905 - Notification and Appeal.
  (a) (1) (A) (i) The Department of Education shall provide written notice, via certified mail, return receipt requested, to the president of the school...
• § 6-20-1906 - Classification of Fiscal Distress Status.
  (a) Those school districts identified by the Department of Education as being in fiscal distress shall be classified as school districts in fiscal distress...
• § 6-20-1907 - Debt Issuance.
  No school district identified in fiscal distress may incur any debt without the prior written approval of the Department of Education.
• § 6-20-1908 - Fiscal Distress Plan.
  (a) Those school districts identified by the Department of Education as being in fiscal distress shall file with the department within ten (10) days...
• § 6-20-1909 - Department Fiscal Distress Actions.
  (a) In addressing school districts in fiscal distress, the Commissioner of Education may: (1) Remove permanently, reassign, or suspend on a temporary basis the...
• § 6-20-1910 - State Board Actions.
  (a) After a public hearing, the State Board of Education shall consolidate, annex, or reconstitute the school district in fiscal distress to another school...
• § 6-20-1911 - Rules and Regulations.
  (a) The Department of Education shall promulgate rules and regulations as necessary to identify, evaluate, assist, and address school districts in fiscal distress.(b) The...

Last modified: November 15, 2016