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<div><font face="Arial, sans-serif" size="3">Dear Business Managers,</font></div>
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<div><font face="Arial, sans-serif" size="3">Please find the 2011-12 School Year Subaccount Q&A attached. This document provides basic information regarding the School Year Subaccount funds. This includes requirements to access funds; fund amount and availability;
due date and content of reporting requirements; and examples of approved uses of the funds.</font></div>
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<div><font face="Arial, sans-serif" size="3">Hopefully this will answer most of your questions. If it does not, please feel free to contact me.</font></div>
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<div><font face="Arial, sans-serif" size="3">Thank you,</font></div>
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<div><font face="Arial, sans-serif" size="3">Michael Elliott</font></div>
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<div>Michael Elliott, State School Fund Coordinator</div>
<div>Oregon Department of Education</div>
<div>503-947-5627</div>
<div>Michael.S.Elliott@ode.state.or.us</div>
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