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$3.6B school funding plan receives final passage

1 year ago May 30, 2014 May 30, 2014 Friday, May 30 2014 Friday, May 30, 2014 3:47:22 PM CDT in News
Source: Associated Press

BATON ROUGE - A $3.6 billion financing plan to pay for Louisiana's public schools next year has received final legislative passage with a 95-2 House vote.

The school formula for the 2014-15 school year was written by the state Board of Elementary and Secondary Education.

It will increase spending for programs by $15 million, including for career education courses and special education.

Also rolled into the permanent formula is a $70 million boost that lawmakers gave to school districts outside of the formula this year and dollars to cover an increase in the number of public school students.

The formula - known as the Minimum Foundation Program - sets a base per student funding level of $3,961 and pays for 695,000 students.

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