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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) ALLOCATION A. The Treasurer of State shall first make monthly allocations in the proportions set out in this subsection to the funds and fund accounts listed below until there has been transferred a total of six billion nine million four hundred sixty-two thousand eight hundred fifty-two dollars ($6,009,462,852) or so much thereof as may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection:
|
Name of Fund or Fund Account |
Maximum Allocation |
||
|
PUBLIC SCHOOL FUND |
|||
|
(1) |
Division of Elementary and Secondary Education Public School Fund Account |
$ |
2,291,068,275 |
|
(2) |
State Library Public School Fund Account |
$ |
5,641,919 |
|
(3) |
Division of Career and Technical Education Public School Fund Account |
$ |
22,730,645 |
|
(4) |
Division of Career and Technical Education Public School Fund Account--Adult Education |
$ |
8,139,176 |
|
GENERAL EDUCATION FUND |
|||
|
(1) |
Division of Elementary and Secondary Education Fund Account |
$ |
18,260,460 |
|
(2) |
Educational Facilities Partnership Fund Account |
$ |
- |
|
(3) |
Division of Public School Academic Facilities and Transportation Fund Account |
$ |
2,854,502 |
|
(4) |
Educational Television Fund Account |
$ |
5,823,608 |
|
(5) |
School for the Blind Fund Account |
$ |
8,210,740 |
|
(6) |
School for the Deaf Fund Account |
$ |
11,808,489 |
|
(7) |
State Library Fund Account |
$ |
3,858,205 |
|
(8) |
Division of Career and Technical Education Fund Account |
$ |
- |
|
(9) |
Rehabilitation Services Fund Account |
$ |
11,922,857 |
|
(10) |
Child Care Grant Fund Account |
$ |
7,056,193 |
|
(11) |
Child Care and Early Childhood Education Fund Account |
$ |
2,576,668 |
|
Technical Institutes: |
|||
|
(12) |
Northwest Technical Institute Fund Account |
$ |
3,304,826 |
|
DEPARTMENT OF HUMAN SERVICES FUND |
|||
|
(1) |
Department of Human Services Administration Fund Account |
$ |
24,487,611 |
|
(2) |
Children and Family Services Fund Account |
$ |
132,028,047 |
|
(3) |
Youth Services Fund Account |
$ |
48,976,015 |
|
(4) |
Developmental Disabilities Services Fund Account |
$ |
65,496,503 |
|
(5) |
Medical Services Fund Account |
$ |
2,439,870 |
|
(6) |
Department of Human Services Grants Fund Account |
$ |
1,389,725,705 |
|
(7) |
Behavioral Health Services Fund Account |
$ |
101,377,245 |
|
(8) |
Provider Services and Quality Assurance Fund Account |
$ |
5,510,773 |
|
(9) |
County Operations Fund Account |
$ |
53,740,856 |
|
STATE GENERAL GOVERNMENT FUND |
|||
|
(1) |
Division of Arkansas Heritage Fund Account |
$ |
7,752,638 |
|
(2) |
Department of Agriculture Fund Account |
$ |
19,466,991 |
|
(3) |
Department of Labor and Licensing Fund Account |
$ |
3,908,028 |
|
(4) |
Division of Higher Education Fund Account |
$ |
11,923,990 |
|
(5) |
Higher Education Grants Fund Account |
$ |
40,619,625 |
|
(6) |
Arkansas Economic Development Commission Fund Account |
$ |
21,238,499 |
|
(7) |
Division of Correction Inmate Care and Custody Fund Account |
$ |
394,337,302 |
|
(8) |
Division of Community Correction Fund Account |
$ |
103,989,443 |
|
(9) |
Department of the Military Fund Account |
$ |
7,905,818 |
|
(10) |
Parks and Tourism Fund Account |
$ |
22,067,735 |
|
(11) |
Division of Environmental Quality Fund Account |
$ |
4,201,485 |
|
(12) |
Miscellaneous Agencies Fund Account |
$ |
79,785,641 |
|
ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND |
$ |
31,701,900 |
|
|
COUNTY AID FUND |
$ |
21,428,616 |
|
|
COUNTY JAIL REIMBURSEMENT FUND |
$ |
25,765,944 |
|
|
CRIME INFORMATION SYSTEM FUND |
$ |
2,182,877 |
|
|
CHILD SUPPORT ENFORCEMENT FUND |
$ |
13,246,341 |
|
|
PUBLIC HEALTH FUND |
$ |
81,845,348 |
|
|
PERFORMANCE FUND |
$ |
- |
|
|
MOTOR VEHICLE ACQUISITION REVOLVING FUND |
$ |
- |
|
|
MUNICIPAL AID FUND |
$ |
29,372,099 |
|
|
DIVISION OF ARKANSAS STATE POLICE FUND |
$ |
82,422,233 |
|
|
DIVISION OF WORKFORCE SERVICES FUND-TANF |
$ |
3,685,419 |
|
|
DIVISION OF WORKFORCE SERVICES FUND-ADULT EDUCATION |
$ |
1,025,268 |
|
|
STATE SERVICES FOR THE BLIND FUND |
$ |
1,962,217 |
|
|
SKILLS DEVELOPMENT FUND |
$ |
3,608,348 |
|
|
INSTITUTIONS OF HIGHER EDUCATION |
|||
|
(1) |
ARKANSAS STATE UNIVERSITY FUND |
$ |
61,997,087 |
|
(2) |
ARKANSAS TECH UNIVERSITY FUND |
$ |
37,098,010 |
|
(3) |
HENDERSON STATE UNIVERSITY FUND |
$ |
19,215,030 |
|
(4) |
SOUTHERN ARKANSAS UNIVERSITY FUND |
$ |
16,933,028 |
|
(5) |
UNIVERSITY OF ARKANSAS FUND |
$ |
127,791,350 |
|
(6) |
UNIVERSITY OF ARKANSAS FUND-UA SYSTEM |
$ |
3,479,474 |
|
(7) |
UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY |
$ |
2,369,274 |
|
(8) |
UNIVERSITY OF ARKANSAS FUND-DIVISION OF AGRICULTURE |
$ |
65,800,138 |
|
(9) |
UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL |
$ |
2,336,896 |
|
(10) |
UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE INSTITUTE |
$ |
2,458,634 |
|
(11) |
SCHOOL FOR MATH, SCIENCES, AND ARTS FUND |
$ |
1,133,048 |
|
(12) |
UNIVERSITY OF ARKANSAS AT FORT SMITH FUND |
$ |
21,475,331 |
|
(13) |
UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND |
$ |
60,401,230 |
|
(14) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND |
$ |
88,012,881 |
|
(15) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--CHILD ABUSE/RAPE/DOMESTIC VIOLENCE |
$ |
350,000 |
|
(16) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--PEDIATRICS/PSYCHIATRIC RESEARCH |
$ |
1,985,100 |
|
(17) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--INDIGENT CARE |
$ |
5,438,340 |
|
(18) |
UNIVERSITY OF ARKANSAS AT MONTICELLO FUND |
$ |
17,037,500 |
|
(19) |
UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND |
$ |
26,150,654 |
|
(20) |
UNIVERSITY OF CENTRAL ARKANSAS FUND |
$ |
56,823,973 |
|
(21) |
ARKANSAS NORTHEASTERN COLLEGE FUND |
$ |
8,885,744 |
|
(22) |
ARKANSAS STATE UNIVERSITY--BEEBE FUND |
$ |
11,356,380 |
|
(23) |
ARKANSAS STATE UNIVERSITY--MOUNTAIN HOME FUND |
$ |
3,537,885 |
|
(24) |
ARKANSAS STATE UNIVERSITY--NEWPORT FUND |
$ |
6,518,999 |
|
(25) |
COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY OF ARKANSAS FUND |
$ |
3,616,471 |
|
(26) |
EAST ARKANSAS COMMUNITY COLLEGE FUND |
$ |
8,577,373 |
|
(27) |
ARKANSAS STATE UNIVERSITY MID-SOUTH FUND |
$ |
4,015,302 |
|
(28) |
ARKANSAS STATE UNIVERSITY MID-SOUTH FUND--ADTEC |
$ |
1,527,000 |
|
(29) |
NATIONAL PARK COLLEGE FUND |
$ |
9,175,555 |
|
(30) |
NORTH ARKANSAS COLLEGE FUND |
$ |
7,583,685 |
|
(31) |
NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND |
$ |
11,438,222 |
|
(32) |
PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY OF ARKANSAS FUND |
$ |
9,105,931 |
|
(33) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH MOUNTAIN FUND |
$ |
3,373,487 |
|
(34) |
SAU-TECH FUND |
$ |
5,457,310 |
|
(35) |
SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY |
$ |
375,036 |
|
(36) |
SAU-TECH FUND-FIRE TRAINING ACADEMY |
$ |
1,680,943 |
|
(37) |
SOUTH ARKANSAS COLLEGE FUND |
$ |
6,189,410 |
|
(38) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT BATESVILLE FUND |
$ |
4,276,121 |
|
(39) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT HOPE-TEXARKANA FUND |
$ |
4,742,486 |
|
(40) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT MORRILTON FUND |
$ |
5,193,324 |
|
(41) |
BLACK RIVER TECHNICAL COLLEGE FUND |
$ |
5,807,841 |
|
(42) |
ARKANSAS STATE UNIVERSITY THREE RIVERS FUND |
$ |
3,350,898 |
|
(43) |
OZARKA COLLEGE FUND |
$ |
3,171,953 |
|
(44) |
UNIVERSITY OF ARKANSAS--PULASKI TECHNICAL COLLEGE FUND |
$ |
14,380,567 |
|
(45) |
SOUTHEAST ARKANSAS COLLEGE FUND |
$ |
5,354,958 |
(b) ALLOCATION B. Then after making the maximum annual allocations provided for in subsection (a) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subsection, to the funds and fund accounts listed below until there has been transferred a total of one hundred ninety-two million six hundred forty-eight thousand five hundred thirty-nine dollars ($192,648,539) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection:
|
Name of Fund or Fund Account |
Maximum Allocation |
||
|
PUBLIC SCHOOL FUND |
|||
|
(1) |
Division of Elementary and Secondary Education Public School Fund Account |
$ |
118,298,100 |
|
(2) |
State Library Public School Fund Account |
$ |
- |
|
(3) |
Division of Career and Technical Education Public School Fund Account |
$ |
79,174 |
|
(4) |
Division of Career and Technical Education Public School Fund Account--Adult Education |
$ |
350,000 |
|
GENERAL EDUCATION FUND |
|||
|
(1) |
Division of Elementary and Secondary Education Fund Account |
$ |
- |
|
(2) |
Educational Facilities Partnership Fund Account |
$ |
- |
|
(3) |
Division of Public School Academic Facilities and Transportation Fund Account |
$ |
- |
|
(4) |
Educational Television Fund Account |
$ |
- |
|
(5) |
School for the Blind Fund Account |
$ |
- |
|
(6) |
School for the Deaf Fund Account |
$ |
- |
|
(7) |
State Library Fund Account |
$ |
- |
|
(8) |
Division of Career and Technical Education Fund Account |
$ |
- |
|
(9) |
Rehabilitation Services Fund Account |
$ |
- |
|
(10) |
Child Care Grant Fund Account |
$ |
- |
|
(11) |
Child Care and Early Childhood Education Fund Account |
$ |
- |
|
Technical Institutes: |
|||
|
(12) |
Northwest Technical Institute Fund Account |
$ |
- |
|
DEPARTMENT OF HUMAN SERVICES FUND |
|||
|
(1) |
Department of Human Services Administration Fund Account |
$ |
- |
|
(2) |
Children and Family Services Fund Account |
$ |
6,662,228 |
|
(3) |
Youth Services Fund Account |
$ |
- |
|
(4) |
Developmental Disabilities Services Fund Account |
$ |
- |
|
(5) |
Medical Services Fund Account |
$ |
- |
|
(6) |
Department of Human Services Grants Fund Account |
$ |
- |
|
(7) |
Behavioral Health Services Fund Account |
$ |
2,206,748 |
|
(8) |
Provider Services and Quality Assurance Fund Account |
$ |
- |
|
(9) |
County Operations Fund Account |
$ |
43,252 |
|
STATE GENERAL GOVERNMENT FUND |
|||
|
(1) |
Division of Arkansas Heritage Fund Account |
$ |
- |
|
(2) |
Department of Agriculture Fund Account |
$ |
- |
|
(3) |
Department of Labor and Licensing Fund Account |
$ |
- |
|
(4) |
Division of Higher Education Fund Account |
$ |
31,611 |
|
(5) |
Higher Education Grants Fund Account |
$ |
- |
|
(6) |
Arkansas Economic Development Commission Fund Account |
$ |
- |
|
(7) |
Division of Correction Inmate Care and Custody Fund Account |
$ |
40,000,000 |
|
(8) |
Division of Community Correction Fund Account |
$ |
750,000 |
|
(9) |
Department of the Military Fund Account |
$ |
2,086,380 |
|
(10) |
Parks and Tourism Fund Account |
$ |
- |
|
(11) |
Division of Environmental Quality Fund Account |
$ |
- |
|
(12) |
Miscellaneous Agencies Fund Account |
$ |
1,564,044 |
|
ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND |
$ |
- |
|
|
COUNTY AID FUND |
$ |
- |
|
|
COUNTY JAIL REIMBURSEMENT FUND |
$ |
- |
|
|
CRIME INFORMATION SYSTEM FUND |
$ |
- |
|
|
CHILD SUPPORT ENFORCEMENT FUND |
$ |
- |
|
|
PUBLIC HEALTH FUND |
$ |
- |
|
|
PERFORMANCE FUND |
$ |
- |
|
|
MOTOR VEHICLE ACQUISITION REVOLVING FUND |
$ |
- |
|
|
MUNICIPAL AID FUND |
$ |
- |
|
|
DIVISION OF ARKANSAS STATE POLICE FUND |
$ |
6,265,294 |
|
|
DIVISION OF WORKFORCE SERVICES FUND-TANF |
$ |
- |
|
|
DIVISION OF WORKFORCE SERVICES FUND-ADULT EDUCATION |
$ |
- |
|
|
STATE SERVICES FOR THE BLIND FUND |
$ |
- |
|
|
SKILLS DEVELOPMENT FUND |
$ |
- |
|
|
INSTITUTIONS OF HIGHER EDUCATION |
|||
|
(1) |
ARKANSAS STATE UNIVERSITY FUND |
$ |
544,585 |
|
(2) |
ARKANSAS TECH UNIVERSITY FUND |
$ |
- |
|
(3) |
HENDERSON STATE UNIVERSITY FUND |
$ |
- |
|
(4) |
SOUTHERN ARKANSAS UNIVERSITY FUND |
$ |
- |
|
(5) |
UNIVERSITY OF ARKANSAS FUND |
$ |
6,405,192 |
|
(6) |
UNIVERSITY OF ARKANSAS FUND-UA SYSTEM |
$ |
- |
|
(7) |
UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY |
$ |
- |
|
(8) |
UNIVERSITY OF ARKANSAS FUND-DIVISION OF AGRICULTURE |
$ |
- |
|
(9) |
UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL |
$ |
- |
|
(10) |
UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE INSTITUTE |
$ |
- |
|
(11) |
SCHOOL FOR MATH, SCIENCES, AND ARTS FUND |
$ |
- |
|
(12) |
UNIVERSITY OF ARKANSAS AT FORT SMITH FUND |
$ |
- |
|
(13) |
UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND |
$ |
187,833 |
|
(14) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND |
$ |
5,000,000 |
|
(15) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--CHILD ABUSE/RAPE/DOMESTIC VIOLENCE |
$ |
- |
|
(16) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--PEDIATRICS/PSYCHIATRIC RESEARCH |
$ |
- |
|
(17) |
UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND--INDIGENT CARE |
$ |
- |
|
(18) |
UNIVERSITY OF ARKANSAS AT MONTICELLO FUND |
$ |
- |
|
(19) |
UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND |
$ |
- |
|
(20) |
UNIVERSITY OF CENTRAL ARKANSAS FUND |
$ |
81,644 |
|
(21) |
ARKANSAS NORTHEASTERN COLLEGE FUND |
$ |
58,990 |
|
(22) |
ARKANSAS STATE UNIVERSITY--BEEBE FUND |
$ |
- |
|
(23) |
ARKANSAS STATE UNIVERSITY--MOUNTAIN HOME FUND |
$ |
21,066 |
|
(24) |
ARKANSAS STATE UNIVERSITY--NEWPORT FUND |
$ |
31,911 |
|
(25) |
COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY OF ARKANSAS FUND |
$ |
166,954 |
|
(26) |
EAST ARKANSAS COMMUNITY COLLEGE FUND |
$ |
224,062 |
|
(27) |
ARKANSAS STATE UNIVERSITY MID-SOUTH FUND |
$ |
116,869 |
|
(28) |
ARKANSAS STATE UNIVERSITY MID-SOUTH FUND--ADTEC |
$ |
- |
|
(29) |
NATIONAL PARK COLLEGE FUND |
$ |
49,515 |
|
(30) |
NORTH ARKANSAS COLLEGE FUND |
$ |
22,041 |
|
(31) |
NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND |
$ |
208,515 |
|
(32) |
PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY OF ARKANSAS FUND |
$ |
- |
|
(33) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH MOUNTAIN FUND |
$ |
108,590 |
|
(34) |
SAU-TECH FUND |
$ |
- |
|
(35) |
SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY |
$ |
- |
|
(36) |
SAU-TECH FUND-FIRE TRAINING ACADEMY |
$ |
- |
|
(37) |
SOUTH ARKANSAS COLLEGE FUND |
$ |
19,123 |
|
(38) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT BATESVILLE FUND |
$ |
301,316 |
|
(39) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT HOPE-TEXARKANA FUND |
$ |
- |
|
(40) |
UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT MORRILTON FUND |
$ |
- |
|
(41) |
BLACK RIVER TECHNICAL COLLEGE FUND |
$ |
147,771 |
|
(42) |
ARKANSAS STATE UNIVERSITY THREE RIVERS FUND |
$ |
30,462 |
|
(43) |
OZARKA COLLEGE FUND |
$ |
240,038 |
|
(44) |
UNIVERSITY OF ARKANSAS--PULASKI TECHNICAL COLLEGE FUND |
$ |
345,231 |
|
(45) |
SOUTHEAST ARKANSAS COLLEGE FUND |
$ |
- |
Cite this article: FindLaw.com - Arkansas Code Title 19. Public Finance § 19-5-402. Maximum allocations of revenues for fiscal year 2023-2024 and thereafter - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-19-public-finance/ar-code-sect-19-5-402/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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