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<div>DA: February 13, 2012</div>
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<div>TO: District Business Managers</div>
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<div>FR: Michael Elliott</div>
<div> Department of Education</div>
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<div>RE: February 2012 State School Fund Payment</div>
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<div>Good Afternoon, </div>
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<div>I have posted the February 2012 District Warrants here: <a href="http://www.ode.state.or.us/services/ssf/district-warrants-2_13_12.pdf"><font face="Arial, sans-serif" color="#0000FF"><u>http://www.ode.state.or.us/services/ssf/district-warrants-2_13_12.pdf</u></font></a>.
ESD warrants are available here: <a href="http://www.ode.state.or.us/services/ssf/esd-warrants-2_13_12.pdf"><font face="Arial, sans-serif" color="#0000FF"><u>http://www.ode.state.or.us/services/ssf/esd-warrants-2_13_12.pdf</u></font></a>. The payments should
be available in your accounts later today or early tomorrow.</div>
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<div>There have been some questions as to whether the State School Fund was rebalanced for February. We did not rebalance the State School Fund this month. However, we plan to rebalance the State School Fund in March to account for second period ADM data among
other changes.</div>
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<div>In other news, I plan to publish an 11-12 estimate shortly. This estimate should be the basis for the March payment so please be looking for it.</div>
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<div>If you have any questions, please let me know.</div>
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<div>Sincerely,</div>
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<div>Michael Elliott, State School Fund Coordinator</div>
<div>Oregon Department of Education</div>
<div>503-947-5627</div>
<div>Michael.S.Elliott@ode.state.or.us</div>
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