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 ENDING Fund or Fund Accounts | June 30, 2002 | June 30, 2003 & Thereafter Division of Elementary and Secondary Education Public | $161,935,727 | $164,138,382 School Fund Account Division of Career and Technical Education Public | 9,518,065 | 10,032,555 School Fund Account Division of Elementary and Secondary Education Fund | 762,901 | 804,138 Account Division of Career and Technical Education Fund Ac- | 2,856,557 | 3,010,965 count Higher Education Grants Fund Account | 10,499,767 | 11,067,322 School for Math, Sciences, and Arts Fund | 0 | 5,988,465 Institutions of Higher Education: Arkansas State University Fund | 4,797,713 | 5,057,049 Arkansas Tech University Fund | 1,608,226 | 1,695,157 Henderson State University Fund | 1,663,634 | 1,753,560 Southern Arkansas University Fund | 983,576 | 1,036,743 University of Arkansas Fund | 11,905,301 | 12,548,830 University of Arkansas at Little Rock Fund | 4,224,809 | 4,453,177 University of Arkansas Medical Center Fund | 7,274,293 | 7,667,498 University of Arkansas Medical Center Fund - Indigent | 181,013 | 190,797 Care University of Arkansas at Monticello Fund | 848,858 | 894,742 University of Arkansas at Pine Bluff Fund | 1,473,599 | 1,553,253 University of Central Arkansas Fund | 3,661,359 | 3,859,270 Arkansas State University-Beebe Fund | 1,144,646 | 1,206,518 University of Arkansas East Arkansas Community Col- | 599,022 | 631,401 lege Fund National Park College Fund | 895,921 | 944,349 Arkansas Northeastern College Fund | 573,810 | 604,827 North Arkansas College of the University of Arkansas | 353,775 | 372,898 Fund Northwest Arkansas Community College Fund | 791,763 | 834,561 Phillips Community College of the University of Arkan- | 583,366 | 614,899 sas Fund University of Arkansas Community College at Rich | 158,120 | 166,667 Mountain Fund SAU-Tech Fund | 256,801 | 270,683 South Arkansas College Fund | 409,688 | 431,833 University of Arkansas at Fort Smith Fund | 2,437,691 | 2,569,458 TOTAL INSTITUTIONS OF HIGHER EDUCATION | $46,826,984 | $49,358,170