HB1060 Summary

• Establishes maximum of 308 regular employees for East Arkansas Community College (EACC) for fiscal year 2014-2015, with specific salary ranges from $40,412 (part-time faculty) to $150,076 (President).

• Authorizes up to 249 temporary or part-time "Extra Help" employees at rates of pay not exceeding those in the Uniform Classification and Compensation Act.

• Appropriates $6,805,900 from the East Arkansas Community College Fund for state operations, including $4,817,460 for regular salaries, $1,150,000 for personal services matching, and $817,440 for operating expenses.

• Appropriates $27,400,000 from cash funds for operations including $2,500,000 in regular salaries, $15,593,266 for capital improvements, $2,604,000 for operating expenses, and other allocations for debt service and fund transfers.

• Establishes effective date of July 1, 2014, and requires compliance with state procurement, accounting, budgetary procedures, and fiscal control laws.