SCHOOL FACILITY

ADDITIONS /and RENOVATIONS

47%

TRANSPORTATION

3%

ANNUAL EXPENDITURES

9%

ATHLETICS

10%

SAFETY & SECURITY

13%

TECHNOLOGY

18%

• Over 70 construction projects

• Additions & renovations to all school sites

• $22 million commitment to technology

• One to One Project

• Infrastructure

• 5-Year Revenue Bond Initiative

• No increase to taxes

• ALL projects completed in three years

Norman Public SchoolsBond Issue – February 2014

5 Years of Improvements - $126,000,000

NORMAN PUBLIC SCHOOLSSTATE AID FORMULA

AMOUNT PER WEIGHTED STUDENT

$2,6

73.2

0

$2,4

90.4

0

$2,6

22.4

0

$2,6

39.2

0

$2,8

64.2

0

$2,9

19.6

0 $3,1

89.0

0

$3,2

75.6

0

$3,2

10.0

5

$3,1

13.4

0

$3,0

40.2

0

$3,0

35.0

0

$3,0

32.0

0

$1,900.00

$2,100.00

$2,300.00

$2,500.00

$2,700.00

$2,900.00

$3,100.00

$3,300.00

$3,500.00

FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14

01/20/14

State Aid Formula Then vs. Now

July 2009

• All formula dollars

committed to common

education = $3,291.20 per

weighted student.

Jan 2014

• All formula dollars

committed to common

education = $3,032.00 per

weighted student.

Difference in Funding

• For FY 2013-14, schools have $259.20 less per weighted student than

was allocated at the beginning of school year FY 2009-10.

• For NPS, $259.20 less per weighted student = FY14 ($6,266,354) !