AR SB107

Establishes a maximum of 2,251 regular employees for Arkansas State University for fiscal year 2015-2016, with detailed salary schedules for administrative, academic, and classified positions ranging from $26,103 to $323,696 annually

Authorizes 2,064 part-time or temporary employees ("Extra Help") to be paid at rates not exceeding those in the Uniform Classification and Compensation Act

Appropriates $83,387,665 from the Arkansas State University Fund for personal services and operating expenses, including $63,054,306 for regular salaries, $10,157,371 for personal services matching, and allocations for maintenance, operations, and capital outlays

Appropriates $237,174,683 from cash funds for additional personal services, operating expenses, capital improvements ($52,349,683), debt service ($22,000,000), and other university operations

Authorizes one-time lump-sum incentive bonuses or educational differentials up to 6% of employee salary for degree attainment during the 2015-2016 fiscal year