Louisiana committee approves revised $3.6 billion funding formula

Friday, May 16, 2014

Louisiana's Senate Education Committee advanced a revised $3.6 billion school funding formula Thursday morning (May 15) after turning down a previous proposal brought forward by Louisiana Board of Elementary and Secondary Education two weeks ago.

The committee's chairman, state Sen. Conrad Appel, R-Metairie, had rejected state school board's first formula because it included a provision that would have automatically hiked Louisiana's spending for schools in the years to come. The second, approved proposal didn't include such a measure.

The state school board is required to put together a school funding formula, referred to as the "minimum foundation program," based on what it will take to provide an adequate education to each public school child in the state. The Legislature is allowed to accept or reject the plan wholesale, but can't revise it.

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