Louisiana House and Senate negotiators have struck a deal on the state budget that includes an additional $68 million for K-12 education:
- $34 million for a teacher pay raise (not a one-time bonus)
- $34 million for local school districts to spend as needed
There is a commitment by all parties to include this funding in the 2014-15 MFP, so this increase is not a one-time appropriation.
The House and Senate will vote on the proposed changes today, and Governor Jindal has said he supports the plan. The session officially ends tonight at 6:00 pm.
For more, read this article in the Times-Picayune.