Yesterday, BESE approved an MFP resolution that now goes to the legislature to be voted upon.
The resolution approved yesterday includes some major changes that align with the Governor’s K-12 reform agenda. The underlying philosophy of these changes is the money to educate a child should follow that child to a broader array of education providers – not just public elementary and secondary schools.
Background on the MFP: The MFP stands for the Minimum Foundation Plan and is the formula that provides the funding for public schools in Louisiana. It includes the local share (local property and sales taxes dedicated to K-12 education) as well as the state share (money paid by the state.) BESE approves an MFP resolution every year, which the legislature can only vote to approve or reject – they cannot amend it.
STUDENT SCHOLARSHIPS (VOUCHERS)
If the legislature votes in favor of this resolution, Student Scholarships will be included in the MFP. The pilot voucher program in New Orleans was funded with state dollars outside of the MFP and had to be annually appropriated by the legislature. By including the vouchers in the MFP, the scholarships will now be funded using both state and local revenues and have the constitutional funding protection provided by the MFP. Continue reading