This handbook was created to provide the user with an informative reference of the various elements contained in the Louisiana Minimum Foundation Program formula. The MFP formula adopted by the State Board of Elementary and Secondary Education and approved by the Legislature determines the cost of a minimum foundation program of education in all…

Part I of a two-part series examines various approaches currently used by states to provide aid to local school districts, including flat grants, foundation grants, matching systems, the multitier approach, categorical aid, transportation aid, and capital outlay/debt service support systems. Related issues and special features are then discussed.…