Bill > HB2140

This bill modifies the process for calculating and distributing the State School Fund (SSF) in Oregon, making several key changes. It requires the Oregon Department of Administrative Services and the Legislative Fiscal Officer to consult with the Department of Education when projecting program costs for SSF distributions, using the second year of the current biennium as a baseline and considering projected local revenue. The bill also adjusts the distribution method for general purpose and transportation grants, mandating that 49% of available funds be distributed in the first year of the biennium and 51% in the second year. These changes aim to create a more precise and predictable funding mechanism for school districts. The bill includes an emergency clause, indicating its immediate importance for public education, and is set to take effect on July 1, 2025, specifically applying to State School Fund distributions for the 2025-2026 school year. The modifications are designed to improve the accuracy and transparency of school funding calculations and ensure more consistent financial support for Oregon's educational institutions.

Budget and Finance, Education

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2140