Business Services
Business Services staff provide accountability to the public for all business operations of the district. Activities include budget management, financial reporting, purchasing, grant management, revenue forecasting, and risk management.
The 2023-24 Adopted Budget represents the district’s sixth year as a recipient of the Association of School Business Officials International’s Meritorious Budget Award.
2024-25 Budget
An extension of the financial planning process, the annual budget process matches available financial, material, and human resources to educational programs and services for students.
The 2024-25 budget was approved by the Budget Committee on May 30, 2024 and adopted by the School Board on June 13, 2024.
Budget Development
Each year, the district develops its budget based on projected funding. District funding primarily comes from the following sources:
- State School Fund (Property taxes and other local funds)
- Grant funding (such as the Student Investment Account)
- Local Option Levy (Local property tax renewed every five years)
The district develops the proposed budget each year and presents it to the Budget Committee. The Superintendent, along with district and school leadership, creates the proposed budget. The Budget Committee reviews the proposed budget, recommends changes, and approves the budget to go to the school board for final adoption.
Budget Committee
The Budget Committee has 14 equal members:
- Seven elected school board members
- Seven citizens appointed to three-year terms by the Board
These individuals are charged with:
- Reviewing the Superintendent’s proposed budget
- Listening to public comment regarding the budget
- Recommending changes
- Approving the budget total and tax rates to be forwarded to the School Board for adoption
These are large documents! It is recommended that readers save the document to their local device and open using Adobe Reader. Paper copies are available for review upon request.
Contact [email protected] or 541-757-3859 for more information.
Finance staff provide regular updates to the school board regarding the district’s financial position. Reports are also provided to the Oregon Department of Education and other agencies as required. An independent audit is conducted annually and published as the district’s Annual Comprehensive Financial Report (ACFR).
The following Annual Financials are large documents! It is recommended that readers save the document to their local device and open using Adobe Reader. Paper copies are available for review upon request.
Contact [email protected] or 541-757-3859 for more information.
As part of its financial planning and reporting processes, the district must clearly comply with a variety of grant requirements to ensure appropriate use of funds. Two of the larger grants received by the district are Oregon’s Student Investment Account (SIA) and federal pandemic recovery funds (ESSER).
The Student Investment Account (SIA) was established when the Oregon Legislature passed the $2 billion Student Success Act (HB 3427) in 2019.
The Elementary and Secondary School Emergency Relief Fund III (ESSER III) provides federal support as described in the American Rescue Plan Act, 2021 (ARP Act).
Finance department staff support individual schools and departments in purchasing goods and services in the most efficient, beneficial, and cost-effective manner. If you are a vendor wishing to do business with the district, you may submit general and introductory information electronically to finance department staff, or respond to any of the district’s formal requests for proposals.
Nvoicepay Partnership
The Corvallis School District has partnered with Nvoicepay to facilitate electronic payments to our vendors.
In 2007, Oregon legislators passed a law (Senate Bill 1036) intended to help Oregon school districts pay for a portion of the cost of new or expanded school facilities. The bill allows school districts to impose a construction excise tax on certain residential and non-residential development.
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Corvallis Oregon, 97333
Corvallis Oregon, 97333