[Busmgrs] 2011-12 State School Fund update

[GRAY Lillie]

DA:             April 13, 2011

TO:             District Business Managers

FR:             Michael Elliott
                Department of Education

RE:             2011-12 State School Fund update


Good Morning,

We have posted updated 2011-12 State School Fund estimates on the website at: http://www.ode.state.or.us/news/announcements/announcement.aspx?ID=7226&TypeID=4.

These estimates are based on the Ways and Means Co-Chairs' budget of $5.7 Billion for schools in the 2011-13 biennium.  Of that $5.7 Billion, $2.85 Billion will be spent in the first year.

The first year's budget includes $100 Million in a School Year Subaccount.  According to the Co-Chairs' budget, these funds are only available to school districts and only for "reduction in class sizes and enhancement of learning opportunities, including, but not limited to increasing number of school days in the 2011-12 school year."  School districts will have to apply for these funds.

We have posted an estimate showing the breakdown of the $100 Million of the School Year Subaccount by district if all districts apply for and receive a prorated portion of the School Year Subaccount available.  These funds would be distributed through ODE's Electronic Grant Management System (EGMS). That estimate, available here: http://www.ode.state.or.us/news/announcements/announcement.aspx?ID=7228&TypeID=4, also includes the estimated SSF payment and a total of all estimated payments to demonstrate total funding from both sources for ease of use.

Please note as this legislation is not final, these numbers can change.

If you have any questions, please feel free to contact me.

Sincerely,

Michael Elliott
State School Fund Coordinator
503-947-5627
Michael.S.Elliott at state.or.us

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