March 27 Student Investment Account Update

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SIA Update

NEW! Virtual Engagement Guidance

In partnership with the Oregon School Boards Association (OSBA), the SIA team is releasing guidance to support SIA applicants in holding virtual board meetings and quality public engagement. The guidance linked outlines:

  • The minimum requirements for holding open public board meetings to review SIA plans; and 
  • How to hold effective virtual school board meetings that allow for meaningful public engagement. 

Essential Updates from Last Week

Last week, ODE shared a message about the impacts of COVID-19 on the SIA Grant Application Process. The Essential Updates include: 

  • The deadline to submit an SIA Grant Application by April 15th remains unchanged.
  • SIA applications do not need to be complete in order to be submitted by April 15th, but districts must submit at least a partial application by April 15th.
  • ODE has provided some additional flexibilities to meet the board approval of SIA Grant applications. Applications are permitted to hold a virtual public meeting or can submit their application prior to getting board approval. New virtual engagement guidance is posted on ODE’s SIA homepage!
  • The Quality Assurance and Learning Panels are cancelled for this year.

News and Resources

This Week’s Frequently Asked Question

Q: What are the economic implications for the Student Investment Account (SIA) given the early discussion about the Corporate Activity Tax (CAT) being suspended or delayed?

A: We’re receiving this question a lot - and it’s an important one. These uncertain times require new practices as we navigate the unknown together. It is our intent to be as realistic and supportive as possible while walking two paths, recognizing there are several variables at play including time, federal government economic relief, and legislation. The first path is to continue to support the work as if the Corporate Activity Tax and SIA allocations will remain unchanged and unimpacted. The second path is navigating real financial uncertainties, making prudent adjustments and using tiered planning options.

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