Browse Arkansas Code titles and sections
6-13-1608. Audit required.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-13-1608. Audit required.
(a) Arkansas Legislative Audit shall conduct a comprehensive financial review of all the school district's financial matters for any school that is involved in administrative consolidation or administrative annexation or is otherwise reorganized by the State Board of Education.
(b) The comprehensive financial review shall begin no less than ten (10) days after the earliest of:
(1) The publication of the district's name on the consolidation and annexation list under § 6-13-1602;
(2) The filing of a petition for voluntary administrative consolidation or administrative annexation; or
(3) The adoption of a motion by the state board to consolidate, annex, or otherwise reorganize a school district designated as being in academic or fiscal distress.
(c)(1) Beginning on the date of publication of the consolidation list under § 6-13-1602 each year, the Division of Elementary and Secondary Education shall have authority to oversee all fiscal and accounting-related matters of all school districts on the consolidation list and shall require those school districts to have accurate records necessary to close all books within sixty (60) days after the end of the fiscal year.
(2) No contract or other debt obligation incurred by a school district for which the division has oversight authority under this section shall be valid or enforceable against a resulting school district unless the contract or other debt obligation is preapproved in writing by the Commissioner of Elementary and Secondary Education or his or her designee.
(d) Any school that is involved in an administrative consolidation or administrative annexation shall have an audit started within thirty (30) days of the completion of the closing of the books by the school district.
(e)
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-1608
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:6-13-1608
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: bf612b5667b7efd11540e7d3b67a35f041a34e3e5be56ad6dad00810de199eaa
Source location: content.xml paragraph 5604
Stored source content
6-13-1608. Audit required.
(a) Arkansas Legislative Audit shall conduct a comprehensive financial review of all the school district's financial matters for any school that is involved in administrative consolidation or administrative annexation or is otherwise reorganized by the State Board of Education.
(b) The comprehensive financial review shall begin no less than ten (10) days after the earliest of:
(1) The publication of the district's name on the consolidation and annexation list under § 6-13-1602;
(2) The filing of a petition for voluntary administrative consolidation or administrative annexation; or
(3) The adoption of a motion by the state board to consolidate, annex, or otherwise reorganize a school district designated as being in academic or fiscal distress.
(c)(1) Beginning on the date of publication of the consolidation list under § 6-13-1602 each year, the Division of Elementary and Secondary Education shall have authority to oversee all fiscal and accounting-related matters of all school districts on the consolidation list and shall require those school districts to have accurate records necessary to close all books within sixty (60) days after the end of the fiscal year.
(2) No contract or other debt obligation incurred by a school district for which the division has oversight authority under this section shall be valid or enforceable against a resulting school district unless the contract or other debt obligation is preapproved in writing by the Commissioner of Elementary and Secondary Education or his or her designee.
(d) Any school that is involved in an administrative consolidation or administrative annexation shall have an audit started within thirty (30) days of the completion of the closing of the books by the school district.
(e) The division and Arkansas Legislative Audit shall jointly develop the scope and details of the comprehensive fiscal review consistent with the requirements of this section.
(f) A school district may not incur debt without the prior written approval of the division if the school district is identified by the division under § 6-13-1602(1) as having fewer than three hundred fifty (350) students according to the school district average daily membership in the school year immediately preceding the current school year.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-13-1602. Administrative consolidation list.
By January 1 of each year, the Division of Elementary and Secondary Education shall publish a:
(1) List of all school districts with fewer than three hundred fifty (350) students according to the school district average daily membership in the school year immediately preceding the current school year; and
(2) Consolidation list that includes all school districts with fewer than three hundred fifty (350) students according to the school district average daily membership in each of the two (2) school years immediately preceding the current school year.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-1602
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 6-13-1602. This identifies an authority to review, not proof of applicability.