[Busmgrs] 19/20 State School Fund Estimate co chairs budget

[KREIN Adam - ODE]

Good Afternoon

I've updated the 19/20 Estimate to reflect the Co-Chairs budget of $8.871 Billion for the biennium. I've also imported updates from those of you who made changes to 19/20 estimate of membership data. It looks like there was an increase in local revenue by $2.1 million and an increase in transportation costs of $5.3 million. Finally I've lowered the statewide weights to 706,000 to more accurately reflect past years decline.

I am working on 17/18 and 18/19 updates and estimates as well. In the coming weeks I will be importing Transportation data, audited financials, updating IEP cap waiver, special ed and foster counts as well as rolling in the $20 million reserve for 17/18 final May payment. Hope to see you at the zone meetings coming up as well.

You can view the Estimates here: ODE state school fund estimates<https://www.oregon.gov/ode/schools-and-districts/grants/Pages/School-District-and-ESD-payment-Statements.aspx>

Thank you and have a nice weekend

Together in service to students,

[cid:image003.jpg at 01D4DB45.CA80C4D0]
Oregon achieves . . . together!



Adam Krein
State School Fund Coordinator
OFA | School Finance
503-947-5678
Adam.krein at state.or.us | www.oregon.gov/ode



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