§ 17:1976 — Funding; inclusion in the minimum foundation program formula; other appropriated

§1976. Funding; inclusion in the minimum foundation program formula; other appropriated
state funds
A. The board of directors of the school annually shall prepare and adopt a
recommended budget to adequately fund the educational programs at the school. The budget
shall have as its goal to provide state funding for the school which shall not be less than the
average funding on a per-student basis at peer institutions in other states having similar
programs and enrollments and may provide for achieving its goal over a multi-year period.
The recommended budget shall be submitted to the division of administration as the total
budget request for the school.
B. The Thrive Academy shall be considered a public school for purposes of receiving
funding through the minimum foundation program of education, in the same manner as for
other public schools as contained in the minimum foundation program budget letter approved
by the State Board of Elementary and Secondary Education. The school shall also be eligible
to receive such other funding as may be specifically appropriated by the legislature.

Legislative History

Acts 2016, No. 672, §1, eff. July 1, 2017; Acts 2019, No. 21, §1.