LEA: 2502

Preliminary

Refer to corresponding Commissioner's

County: FULTON	State Aid Notice 2018-19	Memo for additional information
District: SALEM	July 31, 2018	
		DATA			
1.	2017 Real Assessment	$	34,322,191		15.	Initial Per-Student Revenue	$	1,463.34	
2.	2017 Personal Assessment	$	9,817,395		16.	Initial Per-Student Foundation Funding Amount	$	6,781.00	
3.	2017 Utility Assessment	$	5,678,415		17.	Initial Per-Student State Foundation Funding Aid	$	5,317.66	
4.	2017 Total Assessment	$	49,818,001		18.	PY ALE FTEs (Qtrs. 1-4)	7.293812	
5.	98% of URT X Assessment	$	1,220,541.02		19.	CY English Language Learner Students		
6.	Net Revenues	$		20.	PY NSL Students (Free and Reduced)	522	
7.	2017 Calendar Year Cale. Misc. Funds1  -   R	$	5,972		21.	Adjusted 1/1/05 Scheduled Debt Payment	$	0.00	
8.	2018 Calendar  Year  Cale. Misc. Funds1 - R	$		22.	State Wealth Index for Bonded Debt Assistance	0.72482	
9.	2016-17  ADM (Qtrs. 1-3 Avg.)	800.48		23.	PY ADM of Isolated School Area		
10.	2017-18 ADM (Qtrs. 1-3 Avg.)	838.16		24.	Isolated Funding Amount Per Student 6-20-603	$	0	
11.	2017-18 ADM (Qtr. 4) for SGF	840.55		25.	District Square Miles	226.86	
12.	2018-19 ADM (Qtr. 1) for SGF			26.	District Total Millage Rate in effect as of 1/1/17	31.50	
13.	2018-19 ADM (Qtr. 2) for SGF			27.	District Total Millage Rate in effect as of 1/1/18	31.50	
  14.	2018-19 ADM (Qtr. 3) for SGF	
FUNDING	
	Funding Category	Amount	Statutory Code/Acts of 2017	Restricted	Revenue	Fund/SOF	
					Code	Code	
28.	State Foundation Funding Aid ($6,781)	$	4,457,050	6-20-2303, 6-20-2305, 6-20-2308	No	31101	2001	
29.	98% of URT X Assessment  less Net Revenues 2	$	6-20-2303, 6-20-2305	No	31103	2001	
30.	Educational Excellence  Trust3  -  R	$	506,200	6-5-301 et seq.	Yes			
31.	Alternative Learning Environment ($4,640)  - R	$	33,843	6-20-2303, 6-20-2305	Yes	32370	2275	
32.	English Language Learners ($338) - R	$	6-20-2303,  6-20-2305	Yes	32371	2276	
33.	NSL State Categorical4 ($526/$1,051/$1,576) - R	$	274,572	6-20-2303, 6-20-2305	Yes	32381	2281	
34.	NSL Transitional Funding4 (Rate Varies) - R	$	0	6-20-2305	Yes	32381	2281	
35.	NSL State Categorical Withholding 4	$	6-20-2305				
36.	NSL Growth Funding 4 - R	$	7,069	6-20-2305	Yes	32381	2281	
37.	Professional  Development  ($27.40) - R	$	22,966	6-20-2303, 6-20-2305	Yes	32256	2223	
38.	Bonded Debt Assistance  ($18.03)  - R	$	0	6-20-2503	Yes	32915	2001	
39.	Isolated Funding	$	6-20-601, 6-20-603	Yes	31500	2212	
40.	Special Needs Isolated Fundings	$	6-20-604 (c), (d) & {e)	Yes	31500	2212	
41.	Special Needs Small District Fundings	$	6-20-604 {f)	No	32249	2920	
42.	Special Needs Isolated Transportations	$	6-20-604 (h)	Yes	32248	2228	
43.	Declining Enrollment  Fundings - R	$	0	6-20-2305	No	31460	2218	
44.	Declining Enrollment Adequacy	$	6-20-2305	No	31460	2218	
45.	Student Growth - PYQtr.4  +  CYQtrs.1,2 & 3s - R	$	6-20-2303 & 2305	No	31450	2217	
46.	Enhanced Transportation Funding	$	32,857	6-20-2309	No	31400	2222	
ACA-Arkansas  code annotated, ADM-average  daily membership, ALE-alternative learning environment, Avg.-average, Calc.-calculated, CY-current year. FTE-full-time equivalent. FY-fiscal year.
LEA-local education agency, Misc.-miscellaneous, NSL-national school lunch, PY-prior year, Qtr.-quarter, R-state board rule. SGF-student growth funding, $OF-source of fund, URT-uniform rate of tax	

Miscellaneous funds are defined and calculated as per ACA § 6-20-2303 (12), ACA § 6-20-2308. and ACA § 6-20-2503 (a) (3).
Negative funding amounts for 98% of URT X assessment less net revenues indicate funds owed to the state. For those districts receiving SFFA, the negative amount is deducted from SFFA.
Educational excellence trust funds are included in state foundation funding aid and are restricted pursuant to ACA § 6-5-307.
The combination of NSL state categorical (plus), NSL transitional (plus or minus). NSL state categorical withholding (minus). and NSL growth funding (plus) equals the total net NSL state categorical funding received by a school district. The NSL state categorical funding rate increases or decreases in $175 increments for districts in transition.
Eligible school districts shall receive the higher of student growth funding plus special needs (isolated/small districUtransportation) funding or declining enrollment funding. No school district shall receive both declining enrollment funding and student growth funding or special needs (isolated/small districUtransportation) funding. The initial FY19 state aid notice provides declining enrollment funding that has not been compared to student growth funding and/or special needs (isolated/small district/transportation) funding. Information regarding the calculation of student growth funding pursuant to ACA § 6-20-2305 (c) (2) will be published in a separate commissioner's memo and on the Arkansas Department of Education website (Publications and Reports> Miscellaneous) when available.