Or. Admin. Code § 581-027-0010 - Calculations for Oregon School Capital Improvement Matching Program Priority List
(1) For each
Funding Cycle, the Department shall provide State Matching Grants to Districts
from designated resources in the Oregon School Capital Improvement Matching
Account. The Department shall determine and apportion the amount of available
resources among the Funding Cycles in each biennium. The total amount of State
Matching Grant funds available and awarded by the Department may vary during
each Funding Cycle.
(2) The
Department shall post on its website the amounts that will be available for
OSCIM Grants for each Funding Cycle within a reasonable time after the
Legislature determines the level of funding for the Oregon School Capital
Improvement Matching Account.
(3)
If the Legislature does not determine the amount of funding for the Oregon
School Capital Improvement Matching Account until after the application period
opens for a given Funding Cycle, the application period will run as normal.
However, any posting of results will be delayed until such time as the
Legislature determines the amount of funding for the Oregon School Capital
Improvement Matching Account.
(4)
If the Legislature does not appropriate any funds for the OSCIM Program for a
biennium, or any part of the biennium, then the OSCIM Program will cancel open
application periods and future application periods until funding is
restored.
(5) Sixty percent (60%)
of designated grant resources in the Oregon School Capital Improvement Matching
Account shall be awarded based on the Priority List.
(6) The Priority List shall be based on a
District's Assessed Value, Percentage of Students in Poverty, and Average Daily
Membership.
(7) The Department
shall update the Priority List every biennium. The Priority List will be
updated no later than June 1 before the start of the next biennium. The updated
Priority List will be effective at the start of the next biennium. To update
the list, the Department will use the data from the most recent year for which
all three sources have reported actual data.
(8) The Priority List shall be calculated as
follows:
(a) The District's Students in
Poverty shall be multiplied by twenty (20) to determine the Weighted Number of
Students in Poverty.
(b) The
District's Weighted Number of Students in Poverty shall be divided by the
District's Adjusted ADMr to arrive at the District's Percentage of Students in
Poverty.
(c) The District's
Assessed Value shall be divided by the District's Adjusted ADMw to determine
the District's Assessed Property Value per ADM.
(d) The District's Assessed Property Value
per ADM shall then be divided by one (1) plus the Percentage of Students in
Poverty to determine the District's Adjusted Assessed Value per ADM.
(e) The Districts will be ranked from the
lowest Adjusted Assessed Property Value per ADM to the highest.
Notes
Statutory/Other Authority: Sec. 2, 5, ORS 783 & SB 447 (2015)
Statutes/Other Implemented: SB 447 (2015) & Sec. 2, 4, 5, ORS 783
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