Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 3 - Municipal Government > Chapter 58 - Fiscal Affairs Of Cities And Incorporated Towns > Subchapter 5 - Financial Aid to School Districts > § 14-58-502 - Funds from which payable.

§ 14-58-502 - Funds from which payable.

14-58-502. Funds from which payable.

Financial aid granted and paid to public school districts shall be paid out of any funds received by the town or city. However, payments shall not be made from the regular city taxes collected by the county or state for the town or city.