§ 17:1970.9 — Funding formula

Louisiana § 17:1970.9

• Jurisdiction: Louisiana
• Title 17: Credit Union Law

Text

§1970.9. Funding formula
A. The school board of the Louis Armstrong High School for the Arts annually shall
prepare and adopt a recommended formula to adequately fund the educational programs at
the school. The formula shall be identical to that adopted by the Jimmy D. Long, Sr.
Louisiana School for Math, Science, and the Arts in Natchitoches.
B.(1) The recommended formula shall be submitted to the State Board of Elementary
and Secondary Education for review and approval and shall be returned to the school board
on a timely basis for submission of the annual budget request for the school. Prior to
approval of the formula by the state board, the state board may return the formula adopted
by the school board to the school board and may recommend to the school board an amended
formula for consideration by the school board and submission to the state board for approval.
(2) Subsequent to the approval of the initial formula as required by this Section,
whenever the State Board of Elementary and Secondary Education fails to approve the
formula most recently adopted by the school board, the last formula adopted by the school
board and approved by the State Board of Elementary and Secondary Education shall be used
to adequately fund the educational programs at the school.
C. The school board of the school shall include in its annual budget request sufficient
monies to fully fund the cost to the state for the school based on the adopted and approved
formula.
D. If the State Board of Elementary and Secondary Education fails to approve the
formula as provided by this Section, the school board shall prepare its annual budget request
as otherwise provided by law.
E. The amount of funding for any budget request submitted as provided in this
Section shall be determined by the legislature. No appropriation made under the provisions
of this Section shall exceed on a per-student basis any amount appropriated in the same fiscal
year to the Jimmy D. Long, Sr. Louisiana School for Math, Science, and the Arts in
Natchitoches.
NOTE: See Acts 2017, No. 374, §5, relative to school name changes on items and
products for the Jimmy D. Long, Sr. Louisiana School for Math, Science, and the
Arts.

Legislative History

Acts 1997, No. 1350, §1; Acts 2017, No. 374, §2, eff. June 23, 2017.