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<div>Dear Business Managers,</div>

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<div>The latest 2014-15 have been posted to the website. The July payment will be based on these estimates. The estimates are available as follows:</div>

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<div>District Estimates: <a href="http://www.ode.state.or.us/services/ssf/2014-15-ssf-estimate-as-of-7-1-14-1123hrs.pdf"><font color="blue"><u>http://www.ode.state.or.us/services/ssf/2014-15-ssf-estimate-as-of-7-1-14-1123hrs.pdf</u></font></a></div>

<div>ADMw Breakouts: <a href="http://www.ode.state.or.us/services/ssf/transparency-estimate-7-1-14-1125-hrs.pdf"><font color="blue"><u>http://www.ode.state.or.us/services/ssf/transparency-estimate-7-1-14-1125-hrs.pdf</u></font></a></div>

<div>ESD Estimates: <a href="http://www.ode.state.or.us/services/ssf/esd-14-15-estimate-as-of-7-1-14-1354-hrs.pdf"><font color="blue"><u>http://www.ode.state.or.us/services/ssf/esd-14-15-estimate-as-of-7-1-14-1354-hrs.pdf</u></font></a></div>

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<div>These estimates include all district changes since the May 16<font size="1"><span style="font-size:7.3pt;"><sup>th</sup></span></font> estimates. </div>

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<div>If you have any questions, please let me know.</div>

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<div>Thank you and have a great 4<font size="1"><span style="font-size:7.3pt;"><sup>th</sup></span></font> of July!</div>

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<div>Michael</div>

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<div><font size="2" color="#595959"><span style="font-size:10pt;">Michael Elliott</span></font></div>

<div><font size="2" color="#595959"><span style="font-size:10pt;">State School Fund Coordinator | Office of Finance & Administration|School Finance & Pupil Transportation Unit| Oregon Department of Education</span></font></div>

<div><font size="2" color="#595959"><span style="font-size:10pt;">Office: 503.947.5627<font face="Arial"> | </font>Fax: 503.378.5156<font face="Arial"> | </font><font face="Wingdings">*</font>michael.s.elliott@state.or.us</span></font></div>

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