Louisiana House Bill HCR21

Louisiana 2024 Regular Session

• Introduced: 3/18/24
• Refer: 3/19/24
• Report Pass: 4/16/24
• Refer: 4/17/24
• Report Pass: 4/23/24
• Engrossed: 4/29/24
• Refer: 4/30/24

Caption

Provides for legislative approval of the MFP formula for FY 2024-2025 (EG +$71,300,000 GF EX See Note)

Impact

This bill is pivotal in establishing the financial framework within which public schools operate. It seeks to ensure that every school district in Louisiana receives adequate funding to address the educational needs of their students. Notably, the formula includes adjustments for schools within the Recovery School District and allocations for special programs aimed at underserved populations, ensuring that resources are aligned with the specific challenges faced by different districts. Local governments will also play a crucial role in supplementing state funding through local property and sales tax revenues.

Summary

HCR 21 is a concurrent resolution that authorizes the legislative approval of the Minimum Foundation Program (MFP) formula for the fiscal year 2024-2025, which determines the cost of education in all public elementary and secondary schools in Louisiana. The formula was developed by the State Board of Elementary and Secondary Education (BESE) and is designed to equitably allocate funds to parish and city school systems based on student enrollment and specific educational needs. This year's allocation reflects a proposed increase of approximately $71,300,000 to support educational funding requirements and enhance educational equity across the state.

Sentiment

The sentiment surrounding HCR 21 appears largely supportive, with legislative discussions underscoring the necessity of adequate funding for public education in Louisiana. Proponents view this resolution as a vital step toward eliminating disparities in educational resources and ensuring every student has access to quality learning environments. However, there may also be concerns regarding the adequacy of the proposed funding levels, and whether they will be sufficient to meet the varied needs of all students across different geographical areas.

Contention

While there is overall support for the MFP framework, notable points of contention may arise around the specifics of allocations, especially regarding whether they adequately address the needs of all districts, including those with higher populations of economically disadvantaged students. Questions may also linger around the reliance on local tax revenues to achieve funding equity and whether this approach inadvertently exacerbates disparities between wealthier and lower-income districts.