Louisiana Senate Bill SCR3

Louisiana 2019 Regular Session

• Introduced: 3/26/19
• Refer: 3/26/19
• Refer: 4/9/19
• Report Pass: 5/6/19
• Passed: 5/15/19
• Engrossed: 5/15/19
• Refer: 5/16/19
• Refer: 5/30/19
• Refer: 5/31/19
• Report Pass: 6/2/19

Caption

Provides for legislative approval of the MFP formula for the 2019-2020 Fiscal Year. (EN +$145,214,142 GF EX See Note)

Impact

Should SCR3 be enacted, it will solidify the financial framework for public schools in Louisiana, ensuring that schools have adequate funding to meet their educational expenses. The resolution details calculations regarding local property tax, sales tax contributions, and additional state allocations. It specifies various levels of funding incentives aimed at encouraging local efforts to increase contribution to education. This comprehensive approach is aimed at strengthening the educational framework and addressing resource disparities across districts.

Summary

SCR3 is a resolution that seeks legislative approval for the Minimum Foundation Program (MFP) formula for the 2019-2020 fiscal year, as developed by the State Board of Elementary and Secondary Education. This formula is crucial as it determines the allocations of funds to various public school systems across the state. The MFP aims to ensure that schools receive equitable funding based on student enrollment and local revenue contributions, ultimately promoting fairness and efficiency in funding public education in Louisiana. The resolution outlines the structure and calculations involved in applying the funding formula, which involves assessing local tax revenues and state contributions.

Sentiment

The sentiment surrounding SCR3 appears to be largely positive among legislators who view it as a step towards better funding for public education. The unanimous voting history with 104 yeas and no nays indicates a strong bipartisan support for the bill. This consensus suggests that stakeholders believe the proposed MFP formula is a necessary tool to enhance the education system across Louisiana, particularly in providing for diverse educational needs among various school populations.

Contention

While the resolution has garnered overwhelming support, potential points of contention could arise regarding the specific formulas for allocations and caps imposed on revenue contributions. These aspects of funding can lead to debates over whether all areas, especially those with less affluent tax bases, will be adequately compensated. Additionally, there could be concerns regarding the effectiveness of the funding distribution, particularly in relation to schools in lower-income areas. Ensuring equitable access to funds while encouraging local revenue enhancement is essential to a fair application of the proposed formula.