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Okemos schools see modest net gain after state aid changes; board to revisit revised budget Nov. 10
Summary
District finance leaders told the Okemos Board that changes in the enacted state school aid — including a per-pupil increase and one‑time offsets — produce an initial positive net impact but leave several grants reduced or eliminated; trustees will review a revised budget Nov. 10 and take action Nov. 24.
Okemos Public Schools officials told the board on Tuesday that the recent state school-aid bill will increase the district's foundation allowance and add near-term revenue, but several grant changes and lingering uncertainties mean they will bring a revised budget back to the board for further review.
Executive Director Liz (presenting) said the final state action raised the foundation allowance roughly to the $10,050 level the district used in preliminary planning and preserved transportation funding. "What was enacted was ... $4.42, which would bring the foundation allowance up to $10,050," she said, adding that the net of key changes produced an initial positive impact of about $463,000 to the district's state-aid…
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