Bill > HB1266

This bill establishes the budget and employee compensation framework for Henderson State University for the 2025-2026 fiscal year. It provides detailed appropriations from two funding sources: state operations and cash funds, totaling approximately $102.2 million. The bill specifies maximum salary rates and employee numbers across various categories including administrative, educational, academic, and auxiliary enterprise positions, with roles ranging from Chancellor to computer support technicians and part-time faculty. Additionally, the bill includes provisions for up to 500 temporary or part-time "Extra Help" employees and authorizes specific loan repayments to the Budget Stabilization Trust Fund, with scheduled payments of $958,333.33 on December 1st of consecutive years. The bill also includes standard compliance requirements mandating that fund disbursements adhere to state procurement, accounting, and budgetary laws, and includes an emergency clause to ensure the appropriations can take effect on July 1, 2025, recognizing the critical nature of maintaining university operations without interruption.

Budget and Finance

Joint Budget Committee (Joint)

https://arkleg.state.ar.us/Bills/Detail?id=hb1266&ddBienniumSession=2025%2F2025R