[Busmgrs] Revised 2013-14 Estimates

[ELLIOTT Michael S.]

Dear Business Managers,

I hope everyone had a safe and happy Fourth of July. The latest estimates have been posted to the web. The district estimates are available here: http://www.ode.state.or.us/services/ssf/2013-14-ssf-estimate-as-of-7-5-13-2100-hrs.pdf. The ADMw breakouts are available here: http://www.ode.state.or.us/services/ssf/transparency-estimate-7-5-13-2100-hrs.pdf. And finally, the ESD estimates are available here: http://www.ode.state.or.us/services/ssf/esd-13-14-estimate-as-of-7-5-13-2100-hrs.pdf.

These estimates incorporate the latest changes made by the districts to their Estimate of Membership and Revenue collections.

Also, the latest State School Fund legislation that has passed both the Senate and House. This includes the actual State School Fund budget in SB 5519 and the Governor's initiatives outlined in HB 2506. Updates include:

*       6,550,400,826 State School Fund budget split at 49% in the first year and 51% in the second;
*       The Facility Grant being reduced to $20 million for the 2013-14 biennium.
*       Funding for the Network of Quality Teaching and Learning at the following levels per year:
o       $2.5 million distributed from the top of the State School Fund;
o       $7 million being distributed from each of the District and ESD share of the formula dollars;
*       The Local Option Equalization Grant becoming a distribution from the State School Fund rather than a separate appropriation.

I am also including the distribution for the Small High School Grant. Although the bill has not passed both chambers, it appears to be headed toward passage in the Senate and has already passed the House. The distribution will be $2.5 million per year.

The cover sheet to the district estimates should show how each of these changes to the State School Fund is being implemented.

Please note that the Legislation is still in session. Thus, there is still the possibility for changes to the State School Fund distribution. These estimates will most likely not be the last estimates before the July payment.

Please also remember that the July payment is a double payment.

If you have questions, please let me know.

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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