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6-20-1902. Purpose.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-20-1902. Purpose.
The purpose of this subchapter shall be to improve Arkansas public school districts' financial practices and use of resources by establishing a:
(1) System by which the Division of Elementary and Secondary Education shall review the financial management practices of public school districts, including without limitation identifying best financial management practices;
(2) Program by which the division shall identify, assess, and address public school districts in any phase of fiscal distress that includes without limitation identification of early indicators of fiscal distress and early intervention in public school districts that experience early indicators of fiscal distress; and
(3) System for providing continuous fiscal support and monitoring to public school districts that have been returned to local control after being identified as in fiscal distress.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-20-1902
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.
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Record provenance
Stable record: arkansas_code:legal_authorities:6-20-1902
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 64fbf145eac278af3338485c29ae5c50db9bab448164a844e89a003724fec457
Source location: content.xml paragraph 22516
Stored source content
6-20-1902. Purpose.
The purpose of this subchapter shall be to improve Arkansas public school districts' financial practices and use of resources by establishing a:
(1) System by which the Division of Elementary and Secondary Education shall review the financial management practices of public school districts, including without limitation identifying best financial management practices;
(2) Program by which the division shall identify, assess, and address public school districts in any phase of fiscal distress that includes without limitation identification of early indicators of fiscal distress and early intervention in public school districts that experience early indicators of fiscal distress; and
(3) System for providing continuous fiscal support and monitoring to public school districts that have been returned to local control after being identified as in fiscal distress.
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