Welcome to the University of Arkansas - Fort Smith Expenditure Transparency
website! In 2011, the 88th General Assembly of the Arkansas
Legislature enacted legislation, codified as Arkansas Code 6-61-135, that
required state-supported Institutions of Higher Education to present expenditure
data on a website operated by each institution.
In support of the University’s commitment to transparency and
accountability, and in compliance with Arkansas Code 6-61-135, a website was
created to present a searchable database of expenditure records. It contains
expenditure records for the University of Arkansas - Fort Smith.
The data contained on the website is derived from general ledger
accounting records and is raw, unaudited and unconsolidated data. Therefore, it
will not agree with amounts displayed in budget documents, financial statements
or supporting schedules and is not intended to supplement or replace the annual
audited financial report.
Certain expenditures are aggregated and others are shown in detail
depending on their nature. Payments to students for scholarships and other
financial aid are aggregated to comply with privacy regulations. Certain other
payments to students are commingled in classifications where it is not possible
to identify all student transactions and redact names appropriately.
Consequently, expenditures where known payments to students were made, but
cannot be individually redacted, have been reported in the aggregate.
Additionally, expenditures made on behalf of and subsequently reimbursed
by the UAFS Foundation are included in the expenditure amounts.
The University of Arkansas - Fort Smith operates on a fiscal year that begins on July 1
and ends on the following June 30. The website presents data beginning with the
fiscal year ended June 30, 2012. The web site will be updated daily, and data
will be accumulated until ten complete fiscal years are available. Each
expenditure record contains payee/vendor, payment date, payment amount and
category fields. The website is organized by fiscal year and provides searching
and drill down capability by payee, by category or by date.