[Busmgrs] 2011-12 Estimates

[ELLIOTT Michael S.]

Good Morning,

I have posted updated 2011-12 estimates on the ODE website. District estimates are available here: http://www.ode.state.or.us/services/ssf/2011_12-ssf-estimate-as-of-5-4-12-0920hrs.pdf. ESD estimates are available here: http://www.ode.state.or.us/services/ssf/esd-11_12-estimate-as-of-5-4-12-0926hrs.pdf.

There have been several changes since the February Estimate. First, districts provided updated information on local revenue. Thank you for providing those updates. Second, IEP, IEP Cap Waiver, Poverty, and Neglected, Delinquent and Foster weights were updated. Third, Superintendent Castillo appointed an interim Director of the Office of Regional Education Services in order to release the 2011-12 ORES funds to the State School Fund. This resulted in an increase of about $10 million to the districts in the formula. The remaining funds in the ORES are for the operation of the ORES. Any funds not spent by ORES will be transferred to the State School Fund at the end of the biennium. Finally, the carve out for Long Term Care and State Schools was updated with actual payments.

The intent is to have the May payment based off this estimate.

If you have any questions or concerns, please let me know as soon as possible.

Thank you,
Michael


Michael Elliott, State School Fund Coordinator
Oregon Department of Education
503-947-5627
Michael.S.Elliott at ode.state.or.us




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