Change Indicator

K-12 education foundation funding in Arkansas

K-12 education foundation funding

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Note: Non-consecutive years appear adjacent in the trend line
because one or more years have been deselected.

Definition and Source

PROVIDER

Definition

State financial aid provided to school districts.
State foundation funding is computed as the difference between the foundation funding amount multiplied by the prior-year three-quarter ADM for the district and the sum of 98% of the uniform rate of tax multiplied by the property assessment of the school district, plus calculated miscellaneous funds. State financial aid adjustments are based on the difference between 98% of the 25 mills URT (uniform rate of tax) multiplied by the assessment and actual net revenues.

Data Source

Arkansas Department of Education, Annual Statistical Report

Notes

N.A.: Not Available

Last Updated

December 2023