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Section 6-5-302 - Allocation and transfer of funds — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 6 - Education (§§ 6-1-101 — 6-87-104)/
  5. Subtitle 1 - General Provisions/
  6. Chapter 5 - Miscellaneous Provisions Relating to Elementary, Secondary, and Higher Education Sub/
  7. Subchapter 3 - Educational Excellence Trust Fund/
  8. Section 6-5-302 - Allocation and transfer of funds
Arkansas Legal Code

Section 6-5-302 - Allocation and transfer of funds

From the moneys accruing to the Educational Excellence Trust Fund, the Treasurer of State on the last day of the month shall transfer to the various funds and fund accounts listed below, the amounts determined by applying each fund or fund account's proportionate part of the total of all such allocations set forth in this section to the amount available for distribution as determined in § 6-5-301:FISCAL YEAR ENDINGFund or Fund AccountsJune 30, 2002June 30, 2003 & ThereafterDivision of Elementary and Secondary Education Public School Fund Account$161,935,727$164,138,382Division of Career and Technical Education Public School Fund Account9,518,06510,032,555Division of Elementary and Secondary Education Fund Account762,901804,138Division of Career and Technical Education Fund Account2,856,5573,010,965Higher Education Grants Fund Account10,499,76711,067,322School for Math, Sciences, and Arts Fund05,988,465Institutions of Higher Education:Arkansas State University Fund4,797,7135,057,049Arkansas Tech University Fund1,608,2261,695,157Henderson State University Fund1,663,6341,753,560Southern Arkansas University Fund983,5761,036,743University of Arkansas Fund11,905,30112,548,830University

ansas Tech University Fund1,608,2261,695,157Henderson State University Fund1,663,6341,753,560Southern Arkansas University Fund983,5761,036,743University of Arkansas Fund11,905,30112,548,830University of Arkansas at Little Rock Fund4,224,8094,453,177University of Arkansas Medical Center Fund7,274,2937,667,498University of Arkansas Medical Center Fund - Indigent Care181,013190,797University of Arkansas at Monticello Fund848,858894,742University of Arkansas at Pine Bluff Fund1,473,5991,553,253University of Central Arkansas Fund3,661,3593,859,270Arkansas State University-Beebe Fund1,144,6461,206,518East Arkansas Community College Fund599,022631,401National Park College Fund895,921944,349Arkansas Northeastern College Fund573,810604,827North Arkansas College Fund353,775372,898Northwest Arkansas Community College Fund791,763834,561Phillips Community College of the University of Arkansas Fund583,366614,899University of Arkansas Community College at Rich Mountain Fund158,120166,667SAU-Tech Fund256,801270,683South Arkansas Community College Fund409,688431,833University of Arkansas at Fort Smith Fund2,437,6912,569,458TOTAL INSTITUTIONS OF HIGHER EDUCATION$46,826,984$49,358,170Amended by Act

d256,801270,683South Arkansas Community College Fund409,688431,833University of Arkansas at Fort Smith Fund2,437,6912,569,458TOTAL INSTITUTIONS OF HIGHER EDUCATION$46,826,984$49,358,170Amended by Act 2017, No. 179,§ 5, eff. 7/1/2017.Amended by Act 2016F, No. 141,§ 5, eff. 7/1/2016.Acts 1991, No. 10, § 2; 1991, No. 1135, § 17; 1993, No. 830, § 1; 1995, No. 1172, § 1; 1997, No. 273, § 1; 1999, No. 1143, § 1; 2001, No. 558, § 1; 2003, No. 1305, § 8.
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