The Latest in OK Ed Finances
We received the first round of State Aid allocations in July.
We received the first round of State Aid allocations in July.
We received the first round of State Aid allocations in July. The State Aid formula factors increased to $3042.60 per WADM. This was expected because fewer WADM are counted in the original allocation. This happens most years and should be met with some caution for several different reasons:
Budget makers need to be aware of this tendency and insure that as they monitor and modify their budgets through the year, they are taking these factors into account. A few other factors to be aware of as we move into the FY18 budget year would include:
Uncertainty continues in our current budget. The best course of action is to proceed with great caution. We could see a legislative special session, we could see the fee structures upheld and could also see a major rebound in sales tax revenue, which would make this fiscal year much easier to navigate. OPSRC will be monitoring the situation closely. If you have questions, don’t hesitate to call or email me.
Answers to other frequently asked questions about RIFs.
The international events from the past week have left most, if not all of us, reeling, but what about your students/children? The Sesame Street Here for Each Other, Helping Families After Emergencies resource offers six tips to help ALL of us cope.
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