Arkansas Administrative Code
Agency 005 - DEPARTMENT OF EDUCATION
Division 28 - Division of Elementary and Secondary Education
Rule 005.28.19-001 - Rule Governing the Educator Compensation Reform Program
Universal Citation: AR Admin Rules 005.28.19-001
Current through Register Vol. 49, No. 9, September, 2024
Arkansas Division of Elementary and Secondary Education Rules Governing the School District Educational Excellence Trust Fund
Effective January 1, 2020
1.00 PURPOSE
1.01 These rules shall be known as the
Arkansas Division of Elementary and Secondary Education ("Division") Rules
Governing the School District Educational Excellence Trust Fund.
1.02 The purpose of these rules is to provide
the process and procedures necessary to calculate and allocate the Educational
Excellence Trust Fund available to school districts.
2.00 AUTHORITY
2.01 The Arkansas State Board of Education
promulgated these rules pursuant to the authority granted to it by Ark. Code
Ann. §§
6-11-105,
6-5-301 et seq.,
6-20-2301 et seq.,
19-5-942, and
25-15-201 et seq., and Act 170 of
2019.
3.00 DEFINITIONS
As used in these rules:
3.01 "Educational Excellence Trust Fund"
(Trust Fund) means a fund for the Division made available to school districts
for teacher salaries as provided for by Ark. Code Ann. §
6-5-301 et seq.
3.02 "Foundation Funding" means the same as
the definition set forth in Ark. Code Ann. §
6-20-2303(7) and
is the amount set forth in Ark. Code Ann. §
6-20-2305(a)(2).
3.03 "Licensed personnel" means a person
holding a valid Arkansas standard teaching license, an ancillary license, a
provisional license, or a technical permit issued by the State Board.
3.02.1 "Licensed personnel" also includes a
licensed or nonlicensed classroom teacher employed in a position under a waiver
from licensure.
4.00 CALCULATION
4.01 Divide the Division total educational
excellence trust fund available for distribution by the total foundation
funding for all school districts to determine the percentage of foundation
funding that is the educational excellence trust fund.
4.02 Calculate each district's educational
excellence trust fund amount by multiplying the result of Section 4.01 by each
district's foundation funding amount.
4.03 Changes to the total educational
excellence trust fund available for distribution or changes to the foundation
funding amount may result in revised educational excellence trust fund
amounts.
5.00 ALLOCATION
5.01 The Trust Fund
amount on the final State Aid Notice for the current school year must be
expended in the form of salaries, social security, and retirement matching for
current licensed personnel positions.
5.02 School districts are not required to
increase salaries as a result of its Trust Fund allocation for the 2019-2020
school year. This exemption applies only to the 2019-2020 school
year.
5.03 Open-enrollment charter
schools shall not have a Trust Fund allocation and are exempt from the
statutory requirements of the Trust Fund.
Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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