Allocation and transfer of funds

Ark. Code Ann. § 6-5-302 — under Miscellaneous Provisions Relating to Elementary, Secondary, and Higher Education.

Ark. Code Ann. § 6-5-302

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:Click here to view table.