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Norman Public Schools gets $734,000 midterm state-aid increase, district staff say
Summary
A midterm state aid adjustment increased Norman Public Schools' allocation by roughly $734,000; district staff reported a $55.04 rise in the per-weighted-student factor and an increase in weighted average daily membership of 320.64.
District staff reported a $734,000 midterm increase in state aid for the 2024–25 school year following the state's midterm adjustment.
Tyler Jones, presenting the state-aid update, said the state raised the per-weighted-student amount by $55.04 and the district's weighted average daily membership rose by 320.64. Jones described the calculation components as weighted ADM, transportation aid based on daily haul and chargeable local revenues; he noted ad valorem chargeables are based on current-year net assessed values while most other chargeables use prior-year figures.
Jones said the $734,000 increase represents the net gain in state aid after the midterm adjustment. He invited questions from the board; none were raised during his presentation.
