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Oklahoma CareerTech presents funding formula draft tied to proposed $75M base, warns of phased rollout

Oklahoma Department of Career and Technology Education Board · February 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Agency staff outlined a draft funding formula that would reallocate state CareerTech aid using a proposed $75,000,000 base (current distribution: $50.4M), emphasizing a three-year rollout to avoid sudden cuts and requesting the legislature convert last year’s $25M one‑time funding into base funds.

Agency staff presented a draft funding formula intended to more closely link state Career and Technical Education (CareerTech) aid to local needs and program outcomes and said the plan depends on increasing the agency’s base allocation to $75,000,000 from the current $50.4 million. The board heard that the proposed approach would calculate a program funding amount from a single statewide base, then prorate funds to technology centers based on audited program counts, local ad valorem collections and several incentive buckets including a statutory campus allotment and a student-service incentive.

The draft replaces a long-standing formula that staff described as built on a “fictitious number” rather than audited local costs. Presenting the spreadsheet, staff said the…

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