SUBPART L. LABORATORY SCHOOL FUNDING

§350.21. University laboratory schools operated by Louisiana State University and Agricultural and Mechanical College, Southern University and Agricultural and Mechanical College, and University of Louisiana at Lafayette; funding formula

            A. Any elementary or secondary school operated by Louisiana State University and Agricultural and Mechanical College, Southern University and Agricultural and Mechanical College, or University of Louisiana at Lafayette shall be considered a public elementary or secondary school and, as such, shall be annually appropriated funds as determined by applying the formula as specified in Subsection B of this Section.

            B. Each student, as identified by the preceding year's October first membership, enrolled in a school provided for in Subsection A of this Section shall be provided for and funded as provided for in Article VIII, Section 13 of the Constitution of Louisiana. The State Board of Elementary and Secondary Education shall allocate annually from the minimum foundation program formula an amount per student to each school equal to the amount allocated per student to the school board in the parish where the school is located.

            C. The funds appropriated for the schools provided for in this Section shall be allocated to the institution of postsecondary education operating the school, and each institution shall expend such funds to operate the school.

            D. The funds provided pursuant to this Section during any one fiscal year shall not supplant funding provided by a postsecondary education institution for the previous fiscal year to any elementary or secondary school operated by the institution.

            E. Notwithstanding any provision of this Section to the contrary, the funding provided pursuant to this Section shall not exceed the average per pupil funding provided by the minimum foundation program formula for other elementary or secondary schools operated by public postsecondary education institutions.

            Acts 1995, No. 919, §1, eff. June 28, 1995; Acts 1997, No. 880, §1; Acts 2018, No. 297, §1.