The numbers from the State Land Commission were posted on Friday of last week, and we are finishing the chargeable report to be released this week. We are checking numbers with various districts to insure that we are accurate on the data that we have collected. We will be using the data from mid-term coupled with projected revenue to Oklahoma schools to give us a better idea of the impact of the chargeables on the State Aid formula this summer. We will be using the numbers from the allocated ad valorem and county 4-mill to complete the chargeable portion of the top portion of the formula.
There is no definitive line of reasoning on the upcoming budget cuts. We still believe that the cuts will more than likely be similar to what the legislature and the governor have discussed in the media. This has been a consistent set of talking points since before the start of the session. With the release of the preliminary notice of a possible cut later this year, this is a moving target. A primary concern at this time is the collection of the 1017 fund for next year. The discussion has been that the 1017 fund should fund out, but the technology fund is at 50% and probably won’t be fully funded. It is going to take most of the 1017 fund to make it to the end of this year, and there will not be much cushion for the coming year.
If you’ve been keeping up with the world of education and tech, you are probably aware that we have some new devices from two tech giants.
Another valuable service to member districts: school bond support.