HB1048 Summary

• Establishes maximum of 299 regular employees for Arkansas Northeastern College for fiscal year 2022-2023, with salary ranges from $39,202 (Apprentice Tradesman) to $176,159 (President, ANC)

• Authorizes up to 521 part-time or temporary employees ("Extra Help") at rates not to exceed those in the Uniform Classification and Compensation Act

• Appropriates $10,806,434 from state operations funds, including $7,800,000 for regular salaries and $2,000,000 for personal services matching

• Appropriates $26,428,000 from cash funds for regular salaries ($1,500,000), extra help ($1,000,000), operating expenses ($8,000,000), capital improvements ($4,000,000), and other operational costs

• Effective July 1, 2022, with all disbursements required to comply with state procurement laws, accounting procedures, and fiscal control laws