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  • School Finance - Oklahoma State Department Of Education

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REQUEST FOR APPROVAL OF STATE AID AND/OR FEDERAL FUND FOR SCHOOLS FUND S.A.&I. 307 (1990) School District No. --------------------------------------------------------------------------------------------------------------------------------------To.

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How to fill out the School Finance - Oklahoma State Department Of Education online

This guide provides detailed instructions on how to complete the School Finance form for the Oklahoma State Department of Education online. The process is designed to be straightforward, ensuring that all necessary information is accurately submitted.

Follow the steps to successfully complete the form.

  1. Click ‘Get Form’ button to access the form and open it in your digital editor.
  2. Begin by entering your school district number in the designated field at the top of the form.
  3. List the state and federal funds that have been approved by filling in the respective blank fields. Ensure that you enter the name of each fund followed by the allocated amount.
  4. Calculate and write down the total of all listed funds in the 'TOTAL' field to reflect the sum of your entries.
  5. On the next section, indicate any increases to school appropriations by entering the requested amounts under the corresponding purpose or item for each approval listed.
  6. Sign and date the form where indicated, ensuring that both the President of the Board and the Clerk provide their signatures for validation.
  7. Finally, verify all entries for accuracy. Once verified, save your changes, download the document, print it out, or share it as needed.

Start filling out your School Finance form online today for a streamlined application process.

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Public schools are funded through a combination of local, state, and federal dollars. In the 1920s, local governments provided more than 80 percent of school funding; today, state and local governments provide an equal share of school funding, with the federal government covering less than 10 percent.

ing to the National Center for Education Statistics, Oklahoma received $787.3 million in federal education funding in FY 2020. The state contribution that year was $3.7 billion, and local revenue added $3 billion. In total, education revenues were $7.6 billion.

"We're 47th in the nation on what we spend per pupil funding, what we spend on students in the classroom," said Bishop. "That has a direct correlation and a direct impact on our students' learning."

Oklahoma's revenue for public schools comes from four sources: 1) state appropriations; 2) state dedicated revenues; 3) local revenue; and 4) federal revenue.

The largest state appropriation goes to the State Department of Education. It received more than one-third (39 percent) of appropriations in FY 2021. Of the agency's total appropriation of $2.993 billion, 77 percent ($2.301 billion) takes the form of state aid funding that goes directly to local school districts.

Local income taxation is prohibited by the Oklahoma Constitution. School districts do not generate revenue directly from local sales tax sources. A $1,000 homestead exemption on real property is available to any property taxpayer.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232