Bill > SB5515

This bill appropriates funds to the Oregon Department of Education for the 2025-2027 biennium, establishing specific spending limits across multiple funding sources and categories. The bill allocates General Fund money for department operations ($143.5 million), the Oregon School for the Deaf ($17.3 million), early intervention and special education programs ($250.2 million), K-12 grant programs ($136.5 million), youth development programs ($18.6 million), and debt service on general obligation bonds ($78.6 million). Additionally, the bill sets maximum expenditure limits for various funding streams, including lottery moneys, fees, federal funds, and special accounts like the Student Investment Account and Early Learning Account. The legislation also provides for transfers between accounts, such as a $427.7 million transfer of corporate activities tax funds to the Department of Early Learning and Care. Some specific programs receiving funding include the High School Graduation and College and Career Readiness Fund, reengagement programs, and educator advancement initiatives. The bill includes an emergency clause, meaning it will take effect on July 1, 2025, and is deemed necessary for the immediate preservation of public peace, health, and safety.

Budget and Finance, Education

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB5515