Johnny Key

Commissioner of Education

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A Division of the Arkansas Department of Education

State Funding, Loans and Bonds

MISSION
The State Funding/Loans & Bonds Unit provides accurate, current, and timely information and services to school district administrators and personnel, education service cooperatives, fiscal agents, legislators and staff, ADE personnel, and the general public.

PURPOSE
The State Funding, Loans and Bonds Unit:

  • Calculates funding for school districts and public charter schools.  The categories of funding include:  state foundation, alternative learning environment, English language learners, national school lunch act, isolated, bonded debt assistance, and professional development funding.
  • Administers the Revolving Loan Program, providing short-term financing to school districts and education service cooperatives for a variety of purposes including equipment purchases, renovation of existing facilities, and new construction.
  • Processes, tracks, and publishes/provides information regarding commercial bond issues and short-term debt including postdated warrants, lease purchase agreements, and installment contracts.
  • Audits duplicate enrollment data after state reporting cycles 3, 5, 6, and 7 to resolve any conflicts where students are simultaneously enrolled. 
  • Informs districts regarding school election timelines and compiles election results.
  • Monitors and tracks millage increases and county property assessments.
  • Monitors districts’ websites to ensure each district meets the state mandates for posting personnel policies and salary schedules.
  • Compiles the annual statistical report.

98% Adjustment Payment Calculator for School Districts

 

For more information, please contact:

Anita Sacrey, Coordinator
LEA State Funding/Loans and Bonds Unit
Arkansas Department of Education
State Funding, Loans and Bonds Unit
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone:  501-682-4484
Email: Anita.Sacrey@arkansas.gov
 
Vivian Roberts, LEA State Funding
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone: 501-682-4486
Email:  Vivian.Roberts@arkansas.gov
 
David Allison, LEA State Funding
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone:  501-682-4494
Email:  David.Allison@arkansas.gov
 
Amy Woody, Loans & Bonds
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone:  501-682-4465
Email:  Amy.Woody@arkansas.gov
 
Patricia Monterroso, Assessments-Elections-Millage
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone:  501-682-4485
Email:  Patricia.Monterroso@arkansas.gov
 
Tammi Rickert, Administrative Assistant
Four Capitol Mall, Room 202-A
Little Rock, AR 72201
Phone:  501-682-9036
Email:  Tammi.Rickert@arkansas.gov

State Standards

Learn more about the standards that define the knowledge and skills Arkansas students should have in order to be ready for college and careers.

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Licensure & Certification

Find critical information about renewing Arkansas educator licenses, adding areas of licensure, licensing by reciprocity from other states, background checks and more.

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ESSA

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MY SCHOOL INFO

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