Mid-term state funding adjustment notices posted for Oklahoma school districts
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Published: 10-Jan-2011

CapitolBeatOK Staff Report

Published: 10-Jan-2011

In her final action as State Superintendent, Sandy Garrett announced today (Monday, January 10) that mid-term funding adjustment notices for all Oklahoma school districts have been posted on the Oklahoma State Department of Education's school district reporting Web site.

The notices indicate the total amount of State Aid (commonly referred to as formula funding) districts will receive for the current school year based on enrollment for the current year.

Funding allocation notices are provided to school districts twice a year, in July and January. The July notice projects what a district will receive based on data from the previous two school years. The mid-year notice 'adjusts' the allocation based on the district's current-year enrollment and local financial support of schools.

A spreadsheet of each Oklahoma school district's mid-term allocation, as compared to its July 2010 initial funding allocation notice, is available here.

State Aid is distributed to schools according to state law in 11 monthly allocations. Funding is based on what the Legislature appropriates to schools in the Oklahoma school funding formula based primarily on student population.

By law, funding for a district also is impacted by other factors, including local economic growth or decline and property tax settlements and disputes.

Janet Barresi took the oath as the new Superintendent of Public Instruction shortly before noon today.

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