Fiscal Impact Statement
______________________________________________________________________________
DATE: 3/28/2023
BILL: HB1721,
SPONSOR: L. Johnson
SUBTITLE:
TO AMEND THE LAW CONCERNING ADULT EDUCATION CHARTER SCHOOLS;
AND TO AMEND THE SOURCES OF FUNDING AVAILABLE TO ADULT
EDUCATION CHARTER SCHOOLS.
______________________________________________________________________________
TOPIC
Adult Education Funding
AFFECTED FUNDS
PSF
REVENUE IMPACT
$2.6M
ASSUMPTIONS - BASED ON:
Currently the state has one adult education charter school. The school has a cap of 350 students.
The foundation funding is set at $7,413 per student and professional development is $37.5 per
student.
ADDITIONAL COMMENTS
Prepared by the Arkansas Department of Education