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Oklahoma presentation: foundation aid, teacher-incentive calculations and transportation supplement explained
Summary
Staff summarized Oklahoma’s student-based Foundation Aid system, including weighted ADM calculations, a teacher experience/degree index for salary incentives and a statutory transportation supplement; presenters noted a front-page memo misprint and promised corrected materials.
Jennifer Light presented Oklahoma’s school finance framework, noting a typographical error on the memo’s cover page and summarizing how Foundation Aid, salary-incentive aid and a transportation supplement are computed.
Oklahoma’s foundation framework uses a weighted average daily membership (higher of first nine weeks of current year or prior year) and a base foundation support level (presentation cited $2,111 and a…
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