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State board adopts new technology-center funding formula
Summary
The State Board approved a revised funding formula intended to allocate state dollars more equitably across technology center districts; board members voted unanimously after staff outlined the mechanics and transition protections.
The Oklahoma CareerTech State Board on a unanimous vote approved a revised Technology Center Funding Formula intended to distribute state funding more equitably among the system’s 29 technology center districts.
Board members voted to accept the formula after staff walked the board through the formula’s four parts — local needs (based on ad valorem collections), a secondary service incentive tied to share of eligible 11th–12th grade students served, approved campus funding required by statute, and a student-service formula measuring instructional spending. “We’re revising this because the old formula did not provide equity to the…
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