FILE:  DFB

 

STATE REVENUES

 

 

The Lafayette Parish School Board receives state funds as an appropriation by the state legislature in accordance with the latest Minimum Foundation Program formula approved by the Louisiana Board of Elementary and Secondary Education.  The Louisiana Department of Education should transmit to the School Board no later than the 25th of each month one-twelfth of the amount payable under the formula, unless the Louisiana Department of Education notifies the School Board of a change in the schedule.

 

Adopted:  October 7, 2015

 

 

Ref:    Constitution of Louisiana, Art. VIII, Sec. 13

La. Rev. Stat. Ann. §§17:25, 17:25.1, 17:89.1

Board minutes, 10-7-15

 

Lafayette Parish School Board