Lafayette

Mar 14, 2013 9:07 AM by AP

Fiscal crisis looms for Lafayette schools

LAFAYETTE, La. (AP) - Lafayette school officials have asked area legislators to push for a funding increase for public education and for relief from some unfunded state mandates to help the district overcome a $12 million deficit in the next school year.

The Advocate reports officials presented a list of advocacy issues to legislators on Wednesday, including an appeal for at least a 2.75 percent increase in the Minimum Foundation Program, the formula the state uses to allocate per pupil funding.

Billy Guidry, chief financial officer, says for the past four years, districts haven't received the 2.75 percent increase, which resulted in a cumulative loss of $10 million for the Lafayette Parish School System.

Guidry says the district has few options to reduce $12 million from its budget in the upcoming fiscal year.

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Information from: The Advocate, http://theadvocate.com

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