The document proposes rethinking Oregon's education budget framework to better align funding with student outcomes. It recommends transforming the current system of separate K-12, community college and university budgets into a unified "0-20" continuum budget focused on achieving the state's 40-40-20 degree attainment goals. Key elements of the proposed approach include agreeing on common outcomes, transforming the delivery system, creating a unified data system, and producing a transparent, outcome-based budget to improve accountability and determine the best use of resources.

1. Investing in Learning. Rethinking the Way We Budget for Education. Ways and Means Sub-Committee on Education Presentation by Education Investment Team Budget Work Group

9. Budgeting methods vary widely by area… Type of Budgeting PK-12 CCWD OUS OHSU OSAC TSPC State Agency Line Item Budget ODE CCWD Chancellor’s Office OHSU OSAC TSPC State Agency Line Item Budget Early Childhood, Special Ed Grants Universities SWPs State School Fund K-12 Schools & ESDs College Support Fund Community Colleges Grant in Aid OHSU Budget Request Approved by State Board of Ed State Board of Ed State Board of Higher Ed OHSU Board OSAC TSPC

12. Average Annual Growth in General Fund, 2000-11 Absent structure or fiscal goals, education funding eroded in the last decade

13. Perverse incentives pervade existing funding formula

20. “ If there is one lesson of the past decades of reform efforts, it is that funds sent to districts without regard to performance do not have, on average, a powerful impact on student learning.” - Eric Hanushek (2007)

30. A New Budget Will Change Policy Discussions FROM Based on education sectors Argument about a single number Budgeting on the margins Debate: Level of funding Funding agencies TO Based on groups of students Discussion about investments and outcomes Budget the use of all education resources Debate: How to get better results Investing in educational outcomes for students

33. Percentage of 55- to 64-Year-Olds with an Associate Degree or Higher, 2007

34. Percentage of 25- to 34-Year-Olds with an Associate Degree or Higher, 2007

35. $3.7 billion/yr General/Lottery Fund Annual Education Expenditures, 2011 $7.8 billion/yr GF/LF, property taxes, federal, and tuitions

36. State, Local, Federal, Tuition and Fees Spending per student , 2008-09

37. State, Local, Federal, Tuition and Fees Spending per student , 2008-09

38. State, Local, Federal, Tuition and Fees Spending per student , 2008-09

39. State, Local, Federal, Tuition and Fees Spending per student , 2008-09 $6.7 $8.7

40. Number of Students, 2008-09

41. Total Spending, 2008-09 State & Local Federal Tuition and Fees, Other

42. What does evidence say would improve outcomes with the money we have?