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Arkansas
Statistics on children, youth and families in Arkansas from the Annie E. Casey Foundation and Arkansas Advocates for Children & Families
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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.
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 "Foundation Funding" (https://dese.ade.arkansas.gov/Offices/fiscal-and-administrative-services/publication-and-reports/annual-statistical-reports).
Notes
NA: Not Available
Last Updated
December 2024