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ODE outlines State School Fund forecast, equalization and adjustments to current‑service calculations
Summary
The Oregon Department of Education told the Education Subcommittee March 11 that its current-service-level forecast for the State School Fund is roughly $11.36 billion for 2025–27, up from a $10.2 billion 2023–25 base, and explained technical changes that affected the calculation.
The Oregon Department of Education presented an overview of the State School Fund and the department’s current-service-level (CSL) calculations to the Education Subcommittee on March 11 as the panel opened informational hearings on Senate Bill 5515 and Senate Bill 5516.
Mike Wilfong, administrator for school finance and facilities, said the State School Fund was created after Measure 5 and related property-tax changes in the early 1990s and now accounts for roughly 92 percent of the discretionary revenues in school districts’ general funds. “If we account for all funding, including federal funds, the State School Fund represents about 80 percent of total operations for school districts,”…
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