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<p class="MsoNormal"><span style="color:black">Good Morning Afternoon <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 completed the calculations for reconciling the 2015-16 High Cost Disability (HCD) Grant and posted the results to the website:
<a href="http://www.oregon.gov/ode/schools-and-districts/grants/Pages/K-12-School-Funding-Information.aspx">
2015-16 HCD Grant</a> <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">This report shows the amount originally distributed in your State School Fund (SSF) payments in May 2016, based on your estimates, and we’re now reconciling with actual costs reported in the 2015-16 HCD data collection.
This collection closed March 6, 2017, and thank you again for your timely responses. The reconciled HCD payments will be made in your May 2017 SSF payment.
<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 you will see in the report, for the 2015-16 school year the amount in the grant increased from $18 million to $35 million, which increased the rate of reimbursement from .32¢ on the dollar for the 2014-15 school
year to a preliminary estimate of .69¢ on the dollar for the 2015-16 school year. Now that we have actual costs, the rate has dropped to .53¢ for 2015-16. This is due to the increased number of students that qualified and the total amount of allowable expenses.
<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:black">Please review the report and let me know if you have any questions or concerns.
<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">Thank you<o:p></o:p></span></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@01D2B38C.7F38FC00" alt="cid:image006.jpg@01D27573.A02D0700"><o:p></o:p></span></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">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>
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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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