Arkansas Northeastern College can spend up to $11,218,832 from its state fund and $27,554,350 from cash funds for 2026–2027, depending on available money.
Arkansas Northeastern College can spend up to $11,218,832 from its state college fund for employee pay and operations. Spending depends on available funds.
The college can also spend up to $27,554,350 from its cash funds for pay, operations, and other listed costs. Spending depends on available funds.
The college has limits of 255 regular employees and 521 temporary or part-time extra help workers for 2026–2027. The law also sets pay ceilings.
The law allows Arkansas Northeastern College to spend up to $11,218,832 from the Arkansas Northeastern College Fund. This money covers employee pay and college operating costs, including up to $7,700,000 for regular salaries. Actual spending cannot exceed the authorized amounts or the funds available by law. The college must follow applicable state purchasing, budgeting, and spending rules. This spending authority covers the fiscal year from July 1, 2026, through June 30, 2027.
The law allows the college to spend up to $27,554,350 from its separate cash funds. Covered uses include employee pay, operations, and major purchases. Separate limits include $6,000,000 for major purchases, $4,500,000 for capital improvements, and $1,000,000 for debt payments. The college can spend only available funds, within the listed limits. The college must follow applicable state purchasing, budgeting, and spending rules. This spending authority covers the fiscal year from July 1, 2026, through June 30, 2027.
The college may employ up to 255 regular employees and 521 temporary or part-time employees. The regular employee limit covers teaching, administrative, and support positions. It includes 60 part-time faculty positions, separate from temporary or part-time extra help. Temporary or part-time employees may be hired when needed and paid from money authorized for that purpose. Regular employees have listed salary ceilings. Temporary or part-time workers' pay cannot exceed the applicable limits in this law or the state pay law. These employee and pay limits apply to the fiscal year from July 1, 2026, through June 30, 2027.
No hearings or votes scheduled.