Arkansas Code
Subchapter 19 - Arkansas Fiscal Assessment and Accountability Program
§ 6-20-1903. Definitions

As used in this subchapter:
(1) “Annexation” means the joining of an affected school district or part of the school district with a receiving district pursuant to § 6-13-1401;
(2) “Consolidation” means the joining of two (2) or more school districts or parts of the districts to create a new single school district pursuant to § 6-13-1401;
(3) [Repealed.]
(4) “Fiscal distress status” means a public school district determined by the Division of Elementary and Secondary Education and classified by the State Board of Education as being placed in fiscal distress status pursuant to this subchapter;
(5) “Fiscal integrity” means to comply with financial management, accounting, auditing, and reporting procedures and facilities management procedures as required by state laws and rules and federal laws and regulations in a forthright and timely manner;
(6) “Reconstitution” means the reorganization of the administrative unit or the governing school district board of directors of a school district, including, but not limited to, the replacement or removal of a current superintendent or the removal or replacement of a current school district board of directors, or both;
(7) “School district” means a public school district created or established pursuant to this title; and
(8) “State board” means the State Board of Education.

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