The CareerTech State Board convened on June 2023 to discuss critical funding allocations for schools in Oklahoma. The meeting focused on the campus allotment, a key component of the funding formula mandated by state statute.

The board emphasized the importance of considering the number of campuses when determining funding, which constitutes 10% of the total allocation. Each campus is projected to receive $42,033, with the total amount increasing based on the number of campuses a school operates. The discussion highlighted the need for these one-time funds to enhance student services.

The board received notification of the funding from the governor's office, which prompted the creation of a tentative allocation formula. This formula takes into account various factors, including enrollment and transportation, to ensure equitable distribution based on school size and needs. The board noted that the formula is designed to be straightforward, allowing schools with higher average expenditures to receive more funding.

Feedback from superintendents was largely positive, indicating an understanding of the funding considerations. The board acknowledged the diverse needs of schools, with some requiring infrastructure improvements while others focused on staffing or program development. The flexibility in spending was a significant point, as schools were not mandated to use the funds in a specific manner, allowing them to address their unique circumstances.

The board concluded the discussion by inviting comments and questions before moving to a vote on the proposed funding formula. The expectation is that schools will utilize the funds within two years, aligning with their budgeting processes. The meeting underscored the board's commitment to supporting diverse educational needs across Oklahoma's CareerTech institutions.