Student Investment Account Update - September 2020
The one-day special session in August adjusted the direction of the Student Investment Account (SIA) based on economic impact from COVID-19. For the 2020-21 school year, the SIA will continue to be funded by the Corporate Activity Tax (CAT), with the amount available for these grants reduced to a level of $150 million. Additionally, through the passage of HB4304, the legislature attended to the administration needs of applications by making some adjustments for this school year only. The revised next steps of the SIA process will be to review SIA plan revisions and amendments before grant agreements are sent to applicants for public review and local school board approval.
North Wasco County School District will be presenting to the School Board on November 19th, 2020 the SIA plan with D21's revisions. Please CLICK HERE to review the grant agreement as required by the Oregon Department of Education. For public comments related to the SIA grant agreement, please send to the following email address no later than Wednesday, November 18th, 2020 by 12:00 PM (noon):
- Email to: firstname.lastname@example.org
- US Mail to: North Wasco County School District 21 ATTN: Public Comments, 3632 West 10th Street, The Dalles, Oregon 97058.
During the 2019 legislative session, Oregon’s leaders made a real commitment to our children, our educators, our schools and our state with the passage of the Student Success Act. When fully implemented, the Student Success Act is expected to invest $2 billion in Oregon education every two years; that’s a $1 billion investment in early learning and K-12 education each year. Of those funds, $200 million goes into the State School Fund and the remaining is distributed into three accounts: the Early Learning Account, the Student Investment Account and the Statewide Education Initiatives Account.
At the heart of the SSA is a commitment to improving access and opportunities for students who have been historically underserved in the education system.
To review more information about the Student Investment Account - please click here to be redirected to the Oregon Department of Education's SIA webpage.
The North Wasco County School District Board of Directors approved and adopted the Student Investment Account (SIA) Plan as presented at their March 19th, 2020 meeting. Please find the SIA Plan and Outcomes as presented and submitted to the Oregon Department of Education below:
NWCSD 21 - Student Investment Account Application
NWCSD 21 - Student Investment Account Outcomes