[Busmgrs] 2017-18 State School Fund Estimate

[KREIN Adam - ODE]

Good Afternoon Ladies and Gentleman

I hope the summer is going swimmingly for everyone. As many of you know, the Legislature approved Senate Bill 5517 which set the State School Fund at $8.2 Billion with a 50/50 split between the school years. Since the June 7th estimate we have had a few corrections from school districts, so I have rebalanced the State School Fund to reflect those changes.

If all is well I plan on using this estimate to make the July payment. Please review your estimates and let me know immediately if you have any questions or concerns.

District Estimate<http://www.oregon.gov/ode/schools-and-districts/grants/Documents/2017-18%20SSF%20Estimate%20as%20of%206-29-17.pdf>

ADMw Breakout<http://www.oregon.gov/ode/schools-and-districts/grants/Documents/17-18%20Transparency%20estimate%206-29-17.pdf>

ESD Estimate<http://www.oregon.gov/ode/schools-and-districts/grants/Documents/17-18%20ESD%20estimate%206-29-17.pdf>

Also, in mid-July I will be preparing and sending out the second Common School Fund payment so please keep your eye out for that.

With that, I hope everyone has a nice 4th of July weekend and I'm looking forward to seeing many of you at the OASBO conference in Bend in July.

[cid:image001.jpg at 01D2C8BC.2A7B82B0]
Oregon achieves . . . together!

Adam Krein
State School Fund Coordinator  I  School Finance
255 Capitol Street NE  Salem, Oregon 97310
Phone (503) 947-5678



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