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<p class="MsoNormal">Good Afternoon<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I hope everyone is enjoying spring break and maybe seeing some spring flowers blooming. I know many of you are interested in seeing how the 2015-16 State School Fund is coming along. I have posted an updated estimate for your review and
feedback. This is the first estimate for 2015-16 since May 2016 and includes the following updates:<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.5in;mso-list:l3 level1 lfo4">
<![if !supportLists]><span style="mso-list:Ignore">•<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Annual ADM <o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.5in;mso-list:l3 level1 lfo4">
<![if !supportLists]><span style="mso-list:Ignore">•<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Teacher experience factor <o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.5in;mso-list:l3 level1 lfo4">
<![if !supportLists]><span style="mso-list:Ignore">•<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Audited Financial data<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.5in;mso-list:l3 level1 lfo4">
<![if !supportLists]><span style="mso-list:Ignore">•<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Carve-outs<o:p></o:p></p>
<p class="MsoNormal">I am still waiting on transportation data from some districts, which will impact the Transportation Grant. Other items we are currently working on are the IEP 11% Cap Waiver calculations, the Small High School Grant and High Cost Disability
Grant, but overall the majority of the data has been updated. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Please review your estimates and the Assumptions page then let me know of any concerns. I will be updating the estimate with the above mentioned and any of your requested changes in April.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><a href="http://www.oregon.gov/ode/schools-and-districts/grants/Documents/DistrictEstimate%203-28-17.pdf">2015-16 District Estimate</a><o:p></o:p></b></p>
<p class="MsoNormal"><b><o:p> </o:p></b></p>
<p class="MsoNormal"><b><a href="http://www.oregon.gov/ode/schools-and-districts/grants/Documents/ESD%2015-16%20estimate%203-28-17.pdf">2015-16 ESD Estimates</a><o:p></o:p></b></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Finally, thank you all for your great work and communication. We really appreciate your help in the process and getting us accurate data.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Have a great week.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<span style="font-size:10.5pt;color:#1B75BC"><img border="0" width="182" height="49" id="Picture_x0020_2" src="cid:image003.jpg@01D2A85F.07F40DC0" alt="cid:image006.jpg@01D27573.A02D0700"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:.05pt;mso-height-rule:exactly">
<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>
<p class="MsoNormal" style="mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:.05pt;mso-height-rule:exactly">
<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">www.oregon.gov/ode</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>
<p class="MsoNormal" style="mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:.05pt;mso-height-rule:exactly">
<span style="font-size:10.0pt;color:black">503.947.5678<o:p></o:p></span></p>
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