2010 Arkansas Code
Title 6 - Education
Subtitle 2 - Elementary And Secondary Education Generally
Chapter 20 - Finances
Subchapter 12 - District Bonds
§ 6-20-1211 - Tax records -- Separate building fund records.

6-20-1211. Tax records -- Separate building fund records.

(a) In showing school taxes on the tax books, it shall not be necessary to show separate amounts for the building fund or any other fund that may be created by the school district board of directors, but there shall be one (1) amount extended on the tax books showing the total of the school district tax for that year.

(b) However, the county treasurer, or school district treasurer, if the school district has its own treasurer, shall keep separate records in his or her office showing separately the building fund and shall see to it that on all settlements made with him or her of tax money or state apportionment money, the building fund is credited with all funds set apart therefor by the electors or by the school district board of directors.