[Busmgrs] 2014-15 Estimates

[ELLIOTT Michael S]

Dear Business Managers,
It wouldn't be the start of your weekend without new estimates from ODE. In keeping with that tradition please find the latest 2014-15 estimates posted to our website. You can find them as follows:
*       District Estimates: http://www.ode.state.or.us/services/ssf/2014-15-ssf-estimate-as-of-4-3-15-2030.pdf
*       ADMw Breakouts: http://www.ode.state.or.us/services/ssf/transparency-estimate-4-3-15-2030-hrs.pdf
*       ESD Estimates: http://www.ode.state.or.us/services/ssf/esd-14-15-estimate-as-of-4-3-15-2200-hrs.pdf
The April 2015 payment will be based on these estimates. The following have been updated since the last 2014-15 estimates:
1.      Second period ADM with the December to June ratio applied is being used for ADMr
2.      The December 2014 Special Education Child Count is being used for the IEP weight count
3.      2013 SAIPE data is being used for poverty
4.      District updates to local revenue since December 2014 are being used. These include all updates districts made as part of the 2015-16 Estimate of Membership and Revenue collection
5.      Neglected, Foster, and Delinquent counts have been finalized for 2014-15.
Please continue to review 2014-15 local revenue. If you think your district needs to update its local revenue estimates, please let me know and we will get those updates as part of the system.

As we draw the 2014-15 payment year to a close we start to adjust the payment. This means that the April and May payments start to account for the previous amounts paid. Thus, if your district was paid too little for most of the year, then both the April and May payment will be a little more. If your district was paid too much, then these last two payments will be a little less.

The High Cost Disability Reconciliation and Small High School Grant reconciliation will be with the May payment. Please watch for that updated information to be posted to our website.

Please let me know if you have any questions.

Thank you,
Michael


Michael Elliott
State School Fund Coordinator | Office of Finance & Administration|School Finance & Pupil Transportation Unit| Oregon Department of Education
Office: 503.947.5627 | Fax: 503.378.5156 | *michael.s.elliott at state.or.us




-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/busmgrs/attachments/20150404/62161c2e/attachment.html>