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005.28.31-5.00. Financial Documents Required to be Posted to the District Website

AR ADC 005.28.31-5.00Arkansas Administrative CodeEffective: July 6, 2020

West's Arkansas Administrative Code
Title 005. Department of Education
Division 28. Division of Elementary and Secondary Education
Rule 31. Rules Governing Documents Posted to School District and Education Service Cooperative Websites
Effective: July 6, 2020
Ark. Admin. Code 005.28.31-5.00
Formerly cited as AR ADC 005.01.25-5.00
005.28.31-5.00. Financial Documents Required to be Posted to the District Website
5.01 By August 1, the district must post the following information:
5.01.1 Written policies for the fiscal operation of the district; and
5.01.2 Current comprehensive financial data reports including:
5.01.2.1 Local and state revenue sources;
5.01.2.2 Administrator and teacher salary and benefit expenditure data;
5.01.2.3 School district balances, including legal balances and building fund balances;
5.01.2.4 The district budget for the current year;
5.01.2.4.1 The budget must also be updated on the website within thirty (30) days following the state reporting Cycle 1 deadline (September 30).
5.01.3 A financial breakdown of monthly expenses of the district;
5.01.4 Salary schedules for all employees, including extended contract and supplementary pay amounts;
5.01.5 All current contract information with all district employees, including, but not limited to, salary, benefits, stipends, supplementary income, leave time, and all other contract terms; and
5.01.5.1 Social security numbers, telephone numbers, personal addresses, and signatures shall not be published.
5.01.6 The annual school district statistical report.
5.02 The information required by this Section must consist of actual data for the two previous school years and the projected budgeted information for the current school year.

Credits

Adopted May 27, 2012. Amended July 11, 2014; March 28, 2016; July 6, 2020.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 005.28.31-5.00, AR ADC 005.28.31-5.00
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