ERIC Number: ED483449
Record Type: Non-Journal
Publication Date: 2004-May
Reference Count: 0
Minimum Foundation Program: 2003-2004 Handbook
Louisiana State Department of Education
This handbook was created to provide the user with an informative reference of the various elements contained in the Louisiana Minimum Foundation Program formula. The MFP formula adopted by the State Board of Elementary and Secondary Education and approved by the Legislature determines the cost of a minimum foundation program of education in all public elementary and secondary schools and helps to allocate the funds equitably to parish and city school systems.
Descriptors: Resource Allocation, Funding Formulas, Block Grants, Expenditure per Student, Educational Finance, Public Schools, Salaries, Foundation Programs, Full State Funding, State School District Relationship, Equalization Aid
Louisiana Department of Education, Office of Management and Finance, Division of Education Finance, P.O. Box 94064, Baton Rouge, LA, 70804. Web site: http://www.louisianaschools.net.
Publication Type: Numerical/Quantitative Data; Reference Materials - General
Education Level: Elementary Secondary Education
Authoring Institution: Louisiana State Dept. of Education, Baton Rouge.