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<p class="MsoNormal"><span style="color:black">Good afternoon everyone<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">I hope you all had a nice weekend.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">As promised, I have updated the 2016-17 State School Fund estimate for March with the annual Common School Fund (CSF) amount - as well as the Facility Grant. Previously, I only loaded one of the two CSF payments,
 which resulted in lower local revenue forecasts, as we need both payments to show revenues for the year.
</span><span style="color:#1F497D">I</span><span style="color:black">nformation can be found at the following link:    <a href="http://www.oregon.gov/ode/schools-and-districts/grants/Pages/K-12-School-Funding-Information.aspx"><span style="color:black">http://www.oregon.gov/ode/schools-and-districts/grants/Pages/K-12-School-Funding-Information.aspx</span></a> 
 Typically, the first payment should match the second payment, so we just doubled the amount received in January for the SSF estimate. We don’t know how much will initially be transferred, as the payment each year is based on earnings of the fund, so we find
 out what the revenues are shortly before we send the payments to you. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">Also, there were questions regarding poverty, teacher experience, charter rate and other data. Below are some tips:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo2"><![if !supportLists]><span style="font-family:Symbol;color:black"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">        
</span></span></span><![endif]><span style="color:black">The teacher experience factor is calculated from data submitted by the school district in their Staff Position collection. Something to watch for: if you had a veteran teacher leave and a new teacher
 with no, or little experience your teacher experience factor will go down. <o:p>
</o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo2"><![if !supportLists]><span style="font-family:Symbol;color:black"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">        
</span></span></span><![endif]><span style="color:black">Poverty data for 2016-17 and 2017-18 is now based off the December 2016 SAIPE data compiled by the Federal Census Bureau. With the exception of a few districts, the report shows a decrease in poverty
 across the state.  This means poverty weights will decrease for many of you, and in turn will increase the amount per weight, as there are fewer weights in the Formula statewide.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-.25in;mso-list:l0 level1 lfo2"><![if !supportLists]><span style="font-family:Symbol;color:black"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">        
</span></span></span><![endif]><span style="color:black">The Charter rate is calculated by taking the district’s General Purpose Grant divided by the district’s current ADMw – not the extended ADMw. A sponsor must contractually establish payment to the public
 charter school based on ORS 338.155 which describes the Charter rate.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">We have found the Small School Correction is not including the kindergarten ADM. This has resulted in some districts receiving less and some districts receiving more weights from their Small Remote Elementary School
 Correction (SmESC). We have our IT department working on it and we will be updating the next estimate for April’s payment with the corrected information. We had to rebalance the SSF for March due to the amount of updates and unfortunately, due to timing constraints,
 were not able to wait until the programing was corrected for the SmESC. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">With that, If you see anything of concern in the 17-18 Estimate of Membership and Revenue (EMR) data please contact me so we can make updates. I will be making updates to the SSF from the EMR data next month and
 posting new estimates accordingly. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:black">Please see the new estimates at the links below. We will be using these estimates for the March SSF payment.</span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><a href="http://www.oregon.gov/ode/schools-and-districts/grants/Documents/2016-17%20SSF%20estimate%203-8-17.pdf">2016-17 District Estimates</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><a href="http://www.oregon.gov/ode/schools-and-districts/grants/Documents/ESD%2016-17%20estimate%20as%20of%203-8-17.pdf">2016-17 ESD Estimates</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thank you<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<i><span style="font-size:12.5pt;color:#1B75BC">Oregon achieves . . . together!<o:p></o:p></span></i></p>
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<b><span style="font-size:12.0pt;color:black">Adam Krein<o:p></o:p></span></b></p>
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<span style="font-size:10.0pt;color:black">State School Fund Coordinator | School Finance and Facilities
<o:p></o:p></span></p>
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<b><span style="font-size:7.5pt;font-family:"Verdana","sans-serif";font-variant:small-caps;color:black"><a href="http://www.oregon.gov/ode|">www.oregon.gov/ode<span style="font-weight:normal">|</span></a></span></b><span style="font-size:7.5pt;font-family:"Verdana","sans-serif";color:black"> 
 255 Capitol Street  |  Salem, Oregon 97310<o:p></o:p></span></p>
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<span style="font-size:10.0pt;color:black">503.947.5678<o:p></o:p></span></p>
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