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.

For more information, please contact:

Cindy Hollowell, Coordinator
Arkansas Department of Education
Division of Fiscal and Administrative Services
State Funding, Loans and Bonds Unit
Four Capitol Mall, Room 105-C
Little Rock, AR 72201
Phone:  501-682-4484

Alphabetical List of Topics

Common Core