Funding Update: State Update -Louisiana Budget Revision Renews Funds for Education

STATE UPDATE: LOUISIANA BUDGET REVISION RENEWS FUNDS FOR EDUCATION

The latest version of the state budget plan was released Wednesday evening by the Louisiana Senate Finance Committee. Based on improved state revenue projections, senators have $197 million more to use in the current budget year and $88 million more in the next cycle.

In terms of education, the senators restored a $24.2 million cut in earlier versions of the budget proposal to early childhood education programs, which should preserve 2,000 slots for young children. They also added another $24.3 million to the state’s public school funding formula, which calls for spending more on tutoring services and supplemental pay to teachers in hard-to-fill positions. 

This new version of the state spending bill is expected to go into effect July 1.

Source: Louisiana Illuminator  May 23, 2024

SO WHAT?

If you have a product or service targeted to early childhood education, then you should include Louisiana as a potential market:

  • Do you have a list of early childhood contacts in your CRM?

  • Do you include Louisiana early childhood contacts for marketing?

  • If you have a curriculum product, do you align with Lousiana’s Early Learning Standards? 

The second area Louisiana mentions in the budget is for tutoring services.  If you have a tutoring product, you should be familiar with the requirements of the  Louisiana Tutoring Initiative. 

Download the report here

For more information:

Jenny House, PhD.

jhouse@redrockreports.com

Jenny House