Or. Admin. Code § 581-017-0774 - Charter School Equity Grant: Distribution of Funds
(1) The Department of Education shall
determine for each year the portion of the funds available for the Charter
School Equity Grant program from the Statewide Education Initiatives
Account.
(2) For purposes of
establishing the amount of grant funds apportioned to eligible applicants for
the upcoming school year, the Oregon Department of Education will use the most
current finalized ADMw from the State School Fund from the prior year at the
time when the list of eligible public charter schools was published according
to OAR 581-017-0768.
(3) The
Department shall determine the amount of the grant for each recipient based on
the following formula: Grant Amount = the public charter school's ADMw x the
difference between:
(a) The amount of the
General Purpose Grant per ADMw for the school district that has contractually
established payment for the provision of educational services to the public
charter school's students under ORS
338.155(2) or
(3); and
(b) The amount of the General Purpose Grant
per ADMw that the public charter school receives under a contract for the
provision of educational services to the public charter school's students under
ORS 338.155(2) or
(3).
(4) The Department may apply a prorate to
determine primary and secondary ADMw amounts.
(5) If the sum of the amounts for each grant
as determined in subsection (3) exceeds the total amount available to the
Charter School Equity Grant program, the Department may prorate the amount of
the grant distributed to each eligible recipient.
(6) Funds received by a charter school under
this section must be separately accounted for and may be used only to provide
funding for the purposes described in the grant agreement. A grant recipient
may use funds for administrative costs, including indirect costs, directly
related to allowed expenditures as provided in the grant agreement.
Administrative costs are limited to five percent of the total
expenditures.
(7) The Deputy
Superintendent of Public Instruction shall resolve any issues arising from the
administration and distribution of grant funds not specifically addressed in
this rule. The Deputy Superintendent of Public Instruction's determination
shall be final.
Notes
Statutory/Other Authority: ORS 327.362
Statutes/Other Implemented: ORS 327.362
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