Ark. Code Ann. § 19-8-202: Definition

As used in this subchapter, "public funds" means, but shall not be limited to, funds of:

(1) The State of Arkansas, or any agency, department, board, commission, or instrumentality thereof;

(2) Any political subdivision of the State of Arkansas, or any agency thereof;

(3) Any school board or school district;

(4) Any improvement or other taxing or assessing district;

(5) Any public corporation or authority created by or recognized by the State of Arkansas, or any political subdivision thereof; and

(6) A receiver appointed under § 14-62-104 .