[Busmgrs] State School Fund and ARRA Section 1512 reporting updates

[WILTFONG Michael]

Good evening everyone:

Just a brief announcement to let everyone know I have posted revised State School Fund (SSF) estimates on the SSF website at the following URL: http://www.ode.state.or.us/search/results/?id=168

These SSF estimates account for the following:

1.      Governor's recommended September GF allotment reduction of $155,133,366
2.      Additional reduction of $3,492,043 to the "Trigger"
3.      Add back of $117,949,095 in federal Ed Jobs limitation
4.      Add back of $7,000,000 from the September 2010 Eboard
5.      Add back of $33,676,314 from legislative commitment to backfill the remaining allotment reduction

PLEASE NOTE: The current estimate does not include ARRA State Fiscal Stabilization Funds (SFSF) or Ed Jobs funds. Please see the first page of the school district estimates, or the Assumptions page, to review accounting of the federal stimulus dollars. I will be accounting for SFSF and Ed Jobs funds in separate rounds of SSF estimates to establish the districts' shares. 2010-11 SFSF and Ed Jobs funds will be made available in the Electronic Grant Management System (EGMS) in October.


ARRA Section 1512 reporting

As of 6:00 PM today, only 110 of 204 districts, or 54% have submitted their 2010-11 first quarter ARRA SFSF report. This is just a friendly reminder that the collection closes this Thursday, September 30, 2010. I will be participating at conference in Eugene this Thursday, so I am asking that you contact me this Wednesday if you need help or have questions.

Thanks everyone for your hard work!

Michael Wiltfong
State School Fund Coordinator
School Finance Unit, Director
Oregon Department of Education
michael.wiltfong at state.or.us



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