Arkansas Code Title 6, Subtitle 2, Chapter 20, Subchapter 22 - Arkansas Educational Financial Accounting and Reporting Act of 2004

• § 6-20-2201 - Title.
  This subchapter shall be known as the "Arkansas Educational Financial Accounting and Reporting Act of 2004".
• § 6-20-2202 - Budget and Expenditure Report.
  (a) (1) The board of directors of each school district, open-enrollment public charter school, and education service cooperative annually shall prepare a budget of...
• § 6-20-2203 - Uniform Budget and Accounting System Required.
  (a) (1) The State Board of Education shall adopt by rule a uniform budget and accounting system that shall be known as the "Arkansas...
• § 6-20-2204 - Required Training.
  (a) (1) (A) The Department of Education shall establish two (2) tiers of required training. (B) Both tiers of required training shall apply to...
• § 6-20-2205 - Penalties.
  (a) Any school district or open-enrollment public charter school that does not follow the provisions of this subchapter shall be placed in fiscal distress...
• § 6-20-2206 - Miscellaneous Provisions.
  (a) If the Department of Education determines that an overpayment has been made to a school district, open-enrollment public charter school, or education service...
• § 6-20-2207 - Rule-Making Authority.
  (a) (1) (A) The State Board of Education shall promulgate rules governing a uniform budget and accounting system that shall be known as the...
• § 6-20-2208 - Monitoring of Expenditures.
  (a) (1) The General Assembly determines that, although funds may be distributed to school districts under this subchapter, it is the duty and responsibility...
• § 6-20-2209 - [Repealed.]

Last modified: November 15, 2016