INFORMATIONAL MEETING

TAPES 12 A-B; 14 A

TAPE13 No recording due to malfunction

003

Acting Chair Komp

Calls meeting to order at 1:32 p.m.

ORIENTATION MEETING

010

Steve Meyer

Begins presentation of overview of school finance (Exhibit 1)

031

Rep. Olson

Welcomes Albany Leadership Committee as guests.

055

Meyer

Slide: K-12 Dollars Pay For

060

Meyer

Slide: K-12 School Resources—Audited (bar graph)

075

Meyer

Slide: State School Fund (2003-05 Biennium) (pie chart)

087

Meyer

Slide: State School Fund (2003-05)

100

Rep. Galizio

Asks if there any other states that have such dependence on state financing?

102

Meyer

Responds that Hawaii is # 1—they have a state system. OR ranks fairly high in state comparisons.

115

Meyer

Slide: Local Formula Revenue. What are not included in the list are gifts, donations, and corporate contributions. These are becoming more important today because of reduction of local revenue sharing.

164

Meyer

Slide: K-12 School & ESD Revenue (2003-05 Biennium) (pie chart)

177

Meyer

Slide: School and ESD Shares

187

Meyer

Slide: School and ESD Shares (starting in 2005-06)

207

Meyer

Slide: What Formula Is Not About

227

Meyer

Slide: What Formula Is About

258

Meyer

Slide: Distribution Principles

282

Meyer

Slide: Equalization Formula (Cost Factors)

293

Meyer

Slide: Equalization Formula

304

Meyer

Slide: Facility Grant. There is a cap of $17.5 M  per biennium.

320

Rep. Riley

Asks if the facility grant ever been less than $17.5 M?

322

Meyer

Responds that it never has been less that $17.5 M. That limit has always been reached or exceeded. This grant came about after Measure 50 in order to fund new construction costs.

348

Meyer

Slide: Facility Costs

350

Meyer

Slide: Facility Grants (biennium)

377

Meyer

Slide: High Cost Disability Grant

405

Rep. Boquist

Asks if the $25,000 includes federal matching dollars

406

Meyer

Responds that it represents only state and local dollars.

432

Rep. Hass

Asks if these grant applications are from any one region, or is it all over the state.

435

Meyer

Responds that he doesn’t know yet [legislation passed in 2003], but it will be concentrated to be in the urban where “high-cost” students are concentrated because of the services available.

444

Meyer

Slide: Transportation Grant

463

Meyer

Slide: Transportation Costs

476

Meyer

Slide: Transportation (bar graph)

TAPE 13 (malfunction; no recording)

TAPE 14 SIDE A

016

Rep. Boquist

Clarifies that formula is based on money budgeted for the future; its not a reimbursement.  There may be a gap between what the formula allocated and what reality is.

023

Meyer

Responds that initial distributions are based on estimates that the school districts supply. If actuals vary substantially, then that amount is either made up or reduced in that school year.

028

Meyer

Slide: General Purpose Grant

034

Meyer

Slide: Student Numbers

067

Meyer

Slide: Student Cost Weights (Special Education and At Risk)

096

Meyer

Slide: Special Education and At Risk Students (bar graph)

103

Meyer

Slide: Revenue by Student Weight (General Purpose Grant)

111

Meyer

Slide: Student Cost Weights (Grades and School)

161

Meyer

Slide: Small High School Qualification

163

Meyer

Slide: Small High School Weighted ADM (4 Grades) (graph)

171

Meyer

Slide: Remote Small Elementary School (graph)

182

Meyer

Slide: Student Counts (bar graph)

195

Chair Komp

Uses example of Woodburn School District to illustrate this graph.

207

Meyer

Slide: Teacher Experience Adjustment. This helps districts who have more experienced teachers.

230

Meyer

Slide: General Purpose Grant

277

Meyer

Slide: Equalization Formula

330

Hass

Comment about equalization among districts.

354

Chair Komp

Asks about Portland district sometimes receiving additional money from the mayor’s office. How is that money accounted for?

370

Meyer

Responds that this kind of money is considered extra funds for that district; it does not go into the local revenue for the equalization formula.

380

Rep. Esquivel

Comment about special taxes in some districts like Portland, Eugene, Ashland, and Springfield to enhance their school funding.

430

Rep. Boquist

Comments that it is possible for one district to spend $5000 per student, and another district to spend $9000 per student based on “extra” funds, despite the equalization formula.

450

Meyer

That is correct, depending on what those other revenues are.

TAPE 12 SIDE B

017

Rep. Riley

Comments about differences in per student costs.

025

Meyer

Continuation of Equalization Formula discussion

033

Meyer

Slide: Formula Revenue (K-12 2003-04)

039

Meyer

Slide: State School Fund Payment Schedule (bar graph)

045

Meyer

Slide: K-12 Formula Revenue (bar graph)

066

Meyer

Slide: K-12 Formula Revenue Per Student (bar graph)

072

Meyer

Slide: Formula Allocation District Revenue per Student 2003-04 (pie chart)

081

Meyer

Slide: Equalization Results

096

Meyer

Slide: ESD Mergers

Slide: ESD Regions (map)

108

Meyer

Slide: ESD Resolution Services

120

Meyer

Slide: ESD Equalization General Logic

130

Meyer

Slide: Distribution Method

135

Meyer

ESD Allocation (Starting in 2005-06) (2 slides)

170

Meyer

Slide: ESD “Equity”

179

Meyer

Slide: ESD Revenue (bar graph)

182

Meyer

Slide: Exclusion from Formula Local Revenue

199

Meyer

Slide: Exclusion per Student Example (bar graph)

205

Meyer

Slide: School Local Option Elections (table). Local Options can only last 5 years—the elections held in 2004 were to renew the funding, not to add new funds. Passage rate goes up dramatically in large and fairly small districts, and districts with high property value.

240

Meyer

Slide: Local Option Equalization

266

Meyer

Slide: Education Stability Fund

282

Meyer

Slide: Withdrawal of Principal (Trigger Combinations) (2 slides)

324

Meyer

Education Stability Fund

354

Meyer

Education Stability Fund ($ millions) (table)

375

Paul Warner

Clarification: Steve Meyer’s numbers are for the current law forecast. In the upcoming forecast we are not assuming current law.

388

Meyer

Slide: State School Support (2005-07 Governor’s Budget)

392

Meyer

Slide: School and ESD Equalization Revenue

395

Meyer

Slide: K-12 School Equalization Revenue (2005-07 Governor’s Budget)

432

Warner

Committee Administrative announcements

464

Chair Komp

Adjourned meeting at 3:00 p.m.

Tape Log Submitted by:

Reviewed by:

Kristi Bowman, Committee Assistant

Kim Taylor James, Committee Coordinator