OAR 581-013-0015
Fund Administration

(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.
(3)(a) Funds that are apportioned to a school district or charter school for a given biennium must be used by the school district, charter school, or ESD in that biennium. Funds that are not used by a school district, charter school, or ESD during year one of a given biennium may be carried over and used in year two of that same biennium. Any funds that are not used by a school district, charter school, or ESD at the end of a biennium will be returned to the High School Graduation and College and Career Readiness Fund and reapportioned among all school districts and charter schools in the next biennium.
(b) Notwithstanding subsection(a) of this rule, a school district or charter school may request an extension to spend funds apportioned during a given biennium during the first two months of the next biennium. A request must be made to the Department of Education. The Department of Education will approve the request if the where the spending aligns to the School district’s or charter school’s biennial plan.

(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.

Source: Rule 581-013-0015 — Fund Administration, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=581-013-0015.

Last Updated

Jun. 8, 2021

Rule 581-013-0015’s source at or​.us