Arkansas Statutes

§ 6-13-1504 — Petition - Election

Arkansas·Title 6
(a)(1) Not later than the thirtieth day after the date the State Board of Education receives a petition or resolution under this subchapter, the state board shall hold a hearing on the validity of the petition or resolution.
(2)To be valid, a petition or resolution shall:
(A)State the purpose for which the petition or resolution is being submitted;
(B)Contain a plat or map of the proposed new school district;
(C)Contain an independent feasibility study stating:
(i)Cost of operation of the new school district and the ability to operate the new school district taking into consideration the tax base, debt service, and division of assets to the new school district;
(ii)A list of the public school assets to be transferred from the existing school district to the new school district; (iii

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Legislative History

Amended by Act 2013, No. 1274,§ 1, eff. 8/16/2013. Acts 2001, No. 1673, § 1.

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