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<p class="MsoNormal">Good Afternoon Ladies and Gentleman <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:black">I hope the summer is going swimmingly for everyone. As many of you know, the Legislature approved Senate Bill 5517 which set the State School Fund at $8.2 Billion with a 50/50 split between the school years. Since
the June 7th estimate we have had a few corrections from school districts, so I have rebalanced the State School Fund to reflect those changes.<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">If all is well I plan on using this estimate to make the July payment. Please review your estimates and let me know immediately if you have any questions or concerns.
<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/2017-18%20SSF%20Estimate%20as%20of%206-29-17.pdf">District Estimate</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/17-18%20Transparency%20estimate%206-29-17.pdf">ADMw Breakout</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/17-18%20ESD%20estimate%206-29-17.pdf">ESD Estimate</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:black">Also, in mid-July I will be preparing and sending out the second Common School Fund payment so please keep your eye out for that.<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, I hope everyone has a nice 4<sup>th</sup> of July weekend and I’m looking forward to seeing many of you at the OASBO conference in Bend in July.
<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;color:#1B75BC"><img border="0" width="208" height="56" id="Picture_x0020_1" src="cid:image001.jpg@01D2F0F1.7F6F7080" alt="cid:image001.jpg@01D2C8BC.2A7B82B0"><o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:12.0pt;color:#1B75BC">Oregon achieves . . . together!<o:p></o:p></span></i></p>
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<p class="MsoNormal" style="line-height:90%"><span style="font-size:12.0pt;line-height:90%;font-family:"Bookman Old Style","serif";color:#548DD4">Adam Krein</span><span style="font-size:10.5pt;line-height:90%;color:#1F497D">
<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:90%">State School Fund Coordinator <span style="color:#548DD4">
I</span> School Finance <o:p></o:p></p>
<p class="MsoNormal" style="line-height:90%"><span style="color:black">255 Capitol Street NE Salem, Oregon 97310<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:90%"><span style="color:black">Phone (503) 947-5678<o:p></o:p></span></p>
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