[Busmgrs] 2019-20 State School Fund estimate

[KREIN Adam - ODE]

Good Afternoon,

Everyone's hard work and dedication to our students has paid off. The Student Success Act (HB3427) allows for a $200 Million increase to the State School Fund, bringing it to $9 Billion for the biennium. The latest 2019 - 2020 estimate is available for your review which reflects these changes as well as others. An increase in ESD revenues and $10 million increase to the transportation grant. Based on trend, I have also increased the projected carve out for long term care and local option equalization grant.

Please review your estimates here:

District Estimate<https://www.oregon.gov/ode/schools-and-districts/grants/Documents/districtestimate%205-15-19.pdf>
ADMw breakout<https://www.oregon.gov/ode/schools-and-districts/grants/Documents/ADMw%20breakout%205-15-19.pdf>
ESD Estimates<https://www.oregon.gov/ode/schools-and-districts/grants/Documents/ESD%205-15-19.pdf>

Together in service to students,

[cid:image001.jpg at 01D5067B.837EB180]
Oregon achieves . . . together!



   Adam Krein
   State School Fund Coordinator
   OFA | School Finance
   503-947-5678
   Adam.krein at state.or.us<mailto:Adam.krein at state.or.us> | www.oregon.gov/ode<http://www.oregon.gov/ode>



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