Oregon’s K-12 public schools will receive a record $76.8 million from the Common School Fund in 2025, state officials announced last week.
“Across the country, school districts are facing budget shortages caused by the expiration of federal pandemic relief dollars, declining enrollment, increasing costs due to inflation, and many other factors,” said Gov. Tina Kotek. “Here in Oregon, we are lucky to have the Common School Fund – a critical and reliable resource in our shared goal to give students the best shot to succeed.”
Every one of Oregon’s 197 school districts receives money from the Common School Fund, which has supported public education since statehood, every year. How much each district receives depends on the number of students served. Portland Public Schools, the state’s largest district, will receive $6.6 million in 2025. Redmond School District will receive $974,288. Coos Bay School District will receive $382,092.
Today, about 681,000 acres of school lands in all 36 Oregon counties are managed by the Department of State Lands on behalf of the State Land Board. Ranchers and farmers, Tribal governments, businesses, and more work with DSL to lease and buy lands, plan for future community needs, and keep lands healthy. School lands generated $7.2 million in revenue during fiscal year 2024.
The average 2025 distribution is $389,607. Sweet Home is getting $319,150, Lebanon $557,895 and Central Linn $74,596.
The Common School Fund has contributed to schools since Oregon became a state, when the federal government granted nearly 3.4 million acres “for the use of schools.” The State Land Board – composed of Oregon’s Governor, Secretary of State and State Treasurer – was established to oversee these school lands dedicated to generating revenue for the Common School Fund.
Valued at $2.38 billion as of February 2025, the Common School Fund is managed by the Oregon State Treasury, with oversight from the Oregon Investment Council. The Fund achieved a 9.7 percent return in 2024.
Annually, 3.5 percent of the Fund is distributed to schools. The 2025 distribution of $76.6 million is $2.4 million more than the 2024 distribution of $74.2 million and $4.4 million more than the 2023 distribution of $72.2 million.
“Schools are the foundation of healthy families and communities,” said State Treasurer Elizabeth Steiner. “We’re committed to safeguarding the Common School Fund and ensuring that our responsible investment strategies continue to generate returns that put more educators, counselors and other staff in front of students across Oregon.”