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005.28.44-5.00. Classification of Fiscal Distress Status

AR ADC 005.28.44-5.00Arkansas Administrative CodeEffective: October 19, 2020

West's Arkansas Administrative Code
Title 005. Department of Education
Division 28. Division of Elementary and Secondary Education
Rule 44. Rules Governing the Arkansas Fiscal Assessment and Accountability Program
Effective: October 19, 2020
Ark. Admin. Code 005.28.44-5.00
Formerly cited as AR ADC 005.25.3-5.00
005.28.44-5.00. Classification of Fiscal Distress Status
Currentness
5.01 Those school districts identified by the Division as being in fiscal distress shall be classified as school districts in fiscal distress upon final determination (classification) by the State Board.
5.02 Any school district classified as in fiscal distress shall be required to publish at least one (1) time for two (2) consecutive weeks in a newspaper of general circulation in the school district the school district's classification as a school district in fiscal distress and the reasons why the school district was classified as being in fiscal distress.
5.02.1 The district shall publish this announcement within 30 days of the final classification by the State Board.
5.02.2 The newspaper of general circulation may be either a daily or weekly newspaper.
5.03 The provisions of subsections 5.01 and 5.02 of these rules are effective after the school district's appeal rights in Ark. Code Ann. ยง 6-20-1905 and section 6.00 of these rules have been exhausted.

Credits

Amended April 8, 2010; Oct. 26, 2012; Sept. 6, 2014; Oct. 19, 2020.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 005.28.44-5.00, AR ADC 005.28.44-5.00
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