The bill amends the Public School Funding Act of 2003, specifically focusing on the target average annual teacher salary for the Teacher Salary Equalization Funding. It updates the statewide target average annual salary for teachers, changing the applicable school years from 2021-2022 and 2022-2023 to 2023-2024 and 2024-2025.

Additionally, the bill increases the target average annual salary from $51,822 to $61,182. This adjustment aims to enhance teacher compensation in Arkansas, reflecting a commitment to improving educational funding and supporting educators in the state.

Statutes affected:
HB 1668: 6-20-2305(b)