OAR 581-023-0220
State Education Lottery Bonds

(1)

Distribution of State Education Lottery Bond proceeds:

(a)

To be distributed to school districts as State Education Project grants in each year of biennium as soon as practicable after proceeds from bond sale becomes available;

(b)

Each school district’s State Education Project grant shall be equal to:

(A)

The district’s extended weighted average daily membership (extended ADMw), for the year ending June 30, of the year of distribution; times

(B)

The amount available for the grants divided by statewide extended ADMw for the year ending June 30, of the year of distribution.

(2)

School districts shall account for the amounts received as State Education Project grants including interest earnings on the grants as follows:

(a)

As a separate fund limited to State Education Project grants only; or

(b)

As a subaccount of an existing fund.

(3)

Proceeds from the State Education Projects grant shall be expended for the following purposes:

(a)

Acquisition, construction, improvement, remodeling, maintenance or repair of public school facilities in Oregon, including land;

(b)

Site preparation costs;

(c)

Permanent or portable buildings and equipment;

(d)

Telecommunications equipment;

(e)

Computers;

(f)

Software and related technology;

(g)

Textbooks;

(h)

Library books;

(i)

Furniture and furnishings;

(j)

Vehicles;

(k)

Costs of planning for bond issues and capital improvements;

(l)

Payment of debt service on obligations, other than general obligation bonds, issued for such projects; or

(m)

Instructional training.

(4)

Proceeds may be held in reserve and be expended in future years for purposes listed in section (3).

Source: Rule 581-023-0220 — State Education Lottery Bonds, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=581-023-0220.

581–023–0006
Student Accounting Records and State Reporting 581–023–0008
Accountable Activities for Alternative Education Programs 581–023–0009
Small High School Grants 581–023–0015
Additional Remote Small Elementary School and Small High School Weightings 581–023–0018
Resident Enrollment and Resident Average Daily Membership by County Lines 581–023–0019
School Census 581–023–0022
Funding for Youth Corrections and Juvenile Detention Education Programs 581–023–0035
Budgeting and Accounting for Schools 581–023–0036
Factors for when audit initiated by Department 581–023–0037
Audit Statement of Revenue and Expenditure Accounts by Fund 581–023–0038
Audit Requirements for School Food and Nutrition Services 581–023–0040
Approved Transportation Costs for Payments from the State School Fund 581–023–0041
Computation of Net Operating Expenditures 581–023–0060
State Superintendent’s Approval of Bonded Debt for Nonstandard and Conditionally Standard School Districts 581–023–0100
Eligibility Criteria for Student Weighting for Purposes of State School Fund Distribution 581–023–0102
Poverty Eligibility Determination for Purposes of State School Fund Distribution 581–023–0104
Reimbursement to School Districts for Children with High Cost Disabilities 581–023–0106
Calculation of Extended ADMw for Charter Schools 581–023–0112
School Improvement Fund 581–023–0220
State Education Lottery Bonds 581–023–0230
Facility Grant 581–023–0240
School Revenue Forecast 581–023–0250
English Language Learner Revenue and Expenditure Report Criteria
Last Updated

Jun. 8, 2021

Rule 581-023-0220’s source at or​.us