The Ohio Department of Education (ODE) released a bulletin on Monday afternoon related to State Foundation Payments for fiscal year (FY) 2021 and to announce the new August 21, 2020 deadline for submitting remote learning plans.
As highlighted in the ODE bulletin, the 3.7 percent budget reduction for K-12 education for FY 2020 will continue in FY 2021. It is anticipated that these reductions will be applied in the same manner as the FY 2020 budget reductions. The new annualized amount for FY 2021 is reflected on Line A of each district’s School Finance Payment Report (SFPR). Additionally, funding for districts that received funding adjustments from House Bill 164 will be reflected in the July #2 payment.
Information related to additional CARES Act funding is forthcoming. ODE has also indicated that guidance regarding remote learning plans will be posted by the end of the week. We will keep members posted on any updates.