SB56

Senate Bill 56 is an appropriations act that establishes the budget for Southeast Arkansas College for the fiscal year ending June 30, 2025. The bill outlines the maximum number of regular employees for the college, setting salary caps for various administrative, academic, and support positions. It provides specific funding appropriations from the Southeast Arkansas College Fund for state operations, totaling over $7.4 million. Additionally, the bill authorizes expenditures from the institution's own cash funds for various purposes, including capital improvements, debt service, and operating expenses, totaling $39.7 million. The act mandates strict compliance with Arkansas state procurement and fiscal control laws. Finally, the bill includes an emergency clause to ensure the appropriations take effect by July 1, 2024, to maintain the college's essential operations.