Ark. Code § 6-20-1912 Fiscal Support and Monitoring

• Library: Arkansas Statutes
• Edition: 2023
• Currency: Current with legislation from the 2023 Regular and First Extraordinary Sessions.
• Year: 2023
• Citation: Ark. Code § 6-20-1912

(a) When a public school district is returned to local control or removed from fiscal distress status, the Division of Elementary and Secondary Education:

(1) Shall monitor the fiscal operations and accounts of the public school district for a period of three (3) years;

(2) Shall provide support to the public school district regarding maintaining fiscal integrity and best financial management practices; and

(3) May impose various reporting requirements on the public school district.