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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">Everyone’s hard work and dedication to our students has paid off. The Student Success Act (HB3427) allows for a $200 Million increase to the State School Fund, bringing it to $9 Billion for the biennium. The latest 2019 - 2020 estimate
is available for your review which reflects these changes as well as others. An increase in ESD revenues and $10 million increase to the transportation grant. Based on trend, I have also increased the projected carve out for long term care and local option
equalization grant. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Please review your estimates here:<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="https://www.oregon.gov/ode/schools-and-districts/grants/Documents/districtestimate%205-15-19.pdf">District Estimate</a></span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="https://www.oregon.gov/ode/schools-and-districts/grants/Documents/ADMw%20breakout%205-15-19.pdf">ADMw breakout</a></span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="https://www.oregon.gov/ode/schools-and-districts/grants/Documents/ESD%205-15-19.pdf">ESD Estimates</a></span><o:p></o:p></p>
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<p class="MsoNormal">Together in service to students, <o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><img border="0" width="230" height="62" style="width:2.3958in;height:.6458in" id="Picture_x0020_1" src="cid:image002.jpg@01D50B2B.D694C170" alt="cid:image001.jpg@01D5067B.837EB180"><o:p></o:p></p>
<p class="MsoNormal"><i>Oregon achieves . . . together!</i><o:p></o:p></p>
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<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"> Adam Krein<o:p></o:p></p>
<p class="MsoNormal"> State School Fund Coordinator<o:p></o:p></p>
<p class="MsoNormal"> OFA | School Finance <o:p></o:p></p>
<p class="MsoNormal"> 503-947-5678<o:p></o:p></p>
<p class="MsoNormal"> <a href="mailto:Adam.krein@state.or.us">Adam.krein@state.or.us</a> |
<a href="http://www.oregon.gov/ode">www.oregon.gov/ode</a><o:p></o:p></p>
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