Provides procedures relative to the approval of the formula to fund the Minimum Foundation Program
Impact
The impact of HCR14 on state laws is significant as it modifies the existing procedures surrounding the approval of educational funding. By requiring legislative adoption of the Minimum Foundation Program formula, this resolution aims to create a more structured and transparent process for how state educational funds are distributed. This change is expected to reinforce the role of the legislature in overseeing educational funding, which may lead to more equitable allocations across different districts, ultimately influencing the operational dynamics of state-funded education.
Summary
HCR14, also known as the House Concurrent Resolution 14, addresses the procedures for the legislative approval of the Minimum Foundation Program formula, which serves as the funding mechanism for elementary and secondary education in Louisiana. The resolution establishes that the approval of this funding formula must occur through a concurrent resolution adopted by the legislature. This ensures that any changes or adoptions of the funding formula are conducted with formal legislative oversight, thereby enhancing accountability in educational funding decisions.
Sentiment
The general sentiment around HCR14 appears to be supportive among legislators who believe that enhancing legislative control over education funding is necessary. This sentiment reflects a recognition of the critical role that funding plays in ensuring quality education. However, there could also be apprehension regarding the potential bureaucratic complexities that new procedures may introduce, possibly leading to delays in funding approvals during critical times, which some stakeholders in the education sector could view negatively.
Contention
Notable points of contention regarding HCR14 may arise from discussions about the balance between legislative oversight and administrative efficiency. While proponents argue that the added legislative scrutiny will lead to better accountability, critics might express concerns over whether the new requirements could hinder timely access to funding necessary for educational institutions. Additionally, the repeal of previous procedural rules could also lead to debates on the appropriate amount of legislative involvement in educational administration.
Provides for legislative approval of adjustments to the Minimum Foundation Program (MFP) formula adopted by the State Board of Elementary and Secondary Education on October 14, 2020 (Item #4) (OR INCREASE GF EX See Note)
Requests the State Board of Elementary and Secondary Education to make changes to the Minimum Foundation Program formula beginning with the formula adopted for the 2010-2011 school year
Requests BESE to recognize and include increased funding, as provided in House Bill No. 1 of the 2023 Regular Session, when developing and adopting a minimum foundation program formula for the 2024-2025 Fiscal Year and in future years
Requests BESE to recognize and include increased funding, as provided in House Bill No. 1 of the 2023 Regular Session, when developing and adopting a minimum foundation program formula for the 2024-2025 Fiscal Year and in future years
Urges and requests BESE to recognize and include increased funding as provided in HB 1 of the 2023 Regular Session, when developing and adopting a minimum foundation program formula for the 2024-2025 Fiscal Year and in future years.
Requires application of certain amounts of minimum foundation program formula funds to the unfunded accrued liability of the Teachers' Retirement System of Louisiana
Requests that the Bd. of Regents and the State Bd. of Elementary and Secondary Education, with the Taylor Foundation, La. Office of Student Financial Assistance, public postsecondary education management boards, and certain others, study certain issues relative to TOPS
Requests the Louisiana Workforce Commission and the Louisiana Department of Veterans Affairs to study employment practices and professional licensing requirements to benefit veterans in the workforce
Creates a task force to study meaningful oversight of the professional healthcare licensing boards statutorily created within the Department of Health and Hospitals.