Current News

Reminder As of July 1 ATRS rates have changed. Please make sure that you have entered the new rates in your payroll software. The 2019 – 2020 Contribution Rates are as follows: Type of Contributions (Rate) Employee Active – Contributory (6.25%) Employer Active – Contributory & Noncontributory (14.25%) T-Drop (14.25%) Working Retiree (14.25%) Surcharge (2.00%) Read More

APSRC offers a total Purchasing Card (P-Card) Program, which includes training; assistance with policies and procedures; and instructions for integrating with eFinance Plus. Sign up and earn an ANNUAL REBATE! A P-Card is a financial tool which districts can utilize to save time and money. It is similar to a traditional credit card, but offers more control and security for the district. Benefits to the P-Card Program Control how funds are used. Districts determine what merchant categories are approved. Control where funds are used. Districts choose the vendors with whom the cards may be used. Control when funds are available. P-Cards do not carry a revolving line of credit. They cannot be used until the district makes funds available. Districts set the available amounts and… Read More

The Arkansas Department of Education has released a commissioner’s memo that provides clarification of Title I Methodology test submission requirements. The new guidance states that the following LEAs are excluded from the Methodology Test submission requirement: Single School LEAs (K-12) LEA LEAs with only one school per grade span LEAs in which all schools are Title I participating. Districts that are excluded will be required to submit a Supplement, Not Supplant Demonstration of Compliance letter. Click here to download the letter. All LEAs will be required to upload either a Demonstration of Compliance letter or their chosen Title I Methodology into Indistar by October 15, 2018. The deadline has been extended to give districts time to get the required signatures. A copy of the Demonstration of… Read More

The Arkansas Department of Education has set the bidding threshold requirement for the purchase of commodities under Arkansas Code Annotated § 6-21-304. Based on a 2.5% increase in the Consumer Price Index, the commodity bidding threshold will increase from $20,000 to $20,500 for the 2018-19 school year. In any instance where the estimated purchase price is equal to or above $20,500, the commodity shall be procured by soliciting bids. Read More

Effectively immediately for FY18 all legal balance transfers from the general operating fund (2001) to the building fund can be transferred only to the designated/required building fund/source of fund (3200). The only revenue allowed in this fund will be transfers from the general operating fund (2001). (Coding example for transfer from Fund 2001: 2001-5200-000-000-00 69330; and revenue into fund 3200 is revenue account 52200). See RT-18-021 for additional details. Read More