(1)For each biennium, the Oregon Department of Education shall determine the total amount of funds to be apportioned among the eligible school districts and charter schools for each year of the biennium.
(2)For each school year, the Oregon Department of Education shall determine the portion of funds available to each school district or charter school that serves students in grades 9 through 12 from the High School Graduation and College and Career Readiness Fund. In calculating the portion available to each school district and charter school, the Oregon Department of Education shall use the most current finalized extended ADMw from the State School Fund from the prior year.
(4)Funds received by a school district or charter school under this section must be separately accounted for and must be used in accordance with the school district or charter school’s approved biennial plan.
Rule 581-013-0015 — Fund Administration,