The AR legislature allocated an average of $73,180 per teacher for salary and benefits in the 2022-23 school year. $57,208 for base salary & remaining for benefits (health insurance, retirement, etc).
Why aren’t districts allocating this full amount to teachers? #arleg#arpx
In addition to the funds outlined above (which are disbursed through foundation funding via the matrix), the state provides additional $$$ via the Teacher Salary Equalization (TSE) Fund to help districts increase teacher salaries to meet the state’s target average of $51,822.
If a district’s average teacher salary is less than $51,822, they qualify to receive the supplemental $$ via TSE. 226 districts qualified to receive these supplemental funds in 2022-23.