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Education Finance
Resource Allocation
Notes:
* Per pupil data in the following tables are based on October 1 Elementary/Secondary Enrollment.
October 1 Elementary/Secondary Enrollment. The total number of pre-kindergarten (PK), grades K-12, and non-graded (NG) students in membership as of October 1. Data are reported at student level by the 66 public school districts via the Student Information System (SIS) Fall report.
* Links to related data are provided at the bottom of this page.
* A glossary of terms used in the Resource Allocation spreadsheets is provided at the link below.
Glossary of Related Terms
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Revenue
Local, state, and federal revenue data are contained in the following tables.
Definitions:
Local Revenues include collections from gross ad valorem taxes and gross sales and use taxes. Fund sources can be broken down into subsections: I. Ad valorem taxation: 1) constitutional taxes, 2) renewable taxes, 3) debt service taxes , and 4) up to 1% collections by the sheriff on taxes other than school taxes (a general fund revenue). II. Sales and use taxes are comprised of taxes assessed on taxable goods and services within the parish before the costs of collection have been deducted. School districts also collect additional revenue from tuition, fees, earnings on investments, community service activities and other sources such as rentals, donations, sale of books and supplies, and other various reimbursements.
State Revenues. I. Unrestricted grants-in-aid include allocations from the Minimum Foundation Program (a general fund revenue) and interest paid from 16th section land. II. Restricted grants-in-aid include provisions for special education, 8(g) mineral trust funds used to support specified programs, adult education, improvement programs, early childhood programs, Louisiana Education Assessment Program testing, nonpublic transportation, nonpublic textbooks reimbursements, and model career option programs. III. Revenue in lieu of taxes is appropriated annually by the State Legislature to compensate for loss due to homestead exemptions. IV. Revenues on behalf of the Local Education Agency (LEA) include items such as pension funds, or fixed assets.
Federal Revenues. I. Unrestricted federal sources are provided for impact, such as that caused in providing education to the families of military personnel in the area, and for flood control. II. Restricted federal revenues are provided categorically to support federally approved programs. Certain funds are given directly to the LEA (school district), while other funds flow through the State. III. Revenues in lieu of taxes include payments for privately owned property not subject to taxation. Federal housing projects and the sale of timber on federal forest reserves fall into this category. IV. Revenues for/on behalf of the LEA from federal sources include contributions of non-food and food items to the LEA.
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Current Expenditures
Definition:
Total Expenditures minus Equipment Costs, Facilities Acquisitions and Construction Services Costs, and Debt Service Costs.
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Expenditures by Object
Bulletin 1929 provides uniform guidelines for program cost accounting at the local and state levels. "Functions" such as instruction, support services or operations describe the activity for which services or materials are needed; the "object" is the service or commodity bought. Educational expenditures (costs) are accounted for by nine major "object categories."
For complete descriptions see Bulletin 1929, entitled Louisiana Accounting and Uniform Governmental Handbook (LAUGH). Click the link below.
Louisiana Accounting & Uniform Governmental Handbook (LAUGH)
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Debt Service Expenditures
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Fund Balance & Fund Equity
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Quintile Distribution
Quintile: One of five, usually equal, portions of a frequency distribution.
Quinitles are derived by ranking school districts from high to low according to each district's Local Wealth Factor (per the applicable Minimum Foundation Program Budget Letter), where each quintile contains approximately 20% of the October 1 Elementary/Secondary student membership.
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Seventy Percent Instructional Requirement
To provide for appropriate accountability of State funds while affording local school boards flexibility in determining specific expenditures, local school boards must ensure that seventy percent (70%) of their general funds, including all revenue sources, are expended in the areas of instruction and school administration at the school building level. School Administration at the school level has been added to the definition of instruction for the purposes of the 70% measurement. No central office expenditures will be considered in the instructional measurement. When performing this calculation, the total of all state and local monies reported in the local school system’s GENERAL FUND ONLY is considered.
Formula Calculation for 70% Requirement
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