Section 17:1970.9 - Funding formulaA. The school board of the Louis Armstrong High School for the Arts annually shall prepare and adopt a recommended formula to adequately fund the educational programs at the school. The formula shall be identical to that adopted by the Jimmy D. Long, Sr. Louisiana School for Math, Science, and the Arts in Natchitoches.B.(1) The recommended formula shall be submitted to the State Board of Elementary and Secondary Education for review and approval and shall be returned to the school board on a timely basis for submission of the annual budget request for the school. Prior to approval of the formula by the state board, the state board may return the formula adopted by the school board to the school board and may recommend to the school board an amended formula for consideration by the school board and submission to the state board for approval.(2) Subsequent to the approval of the initial formula as required by this Section, whenever the State Board of Elementary and Secondary Education fails to approve the formula most recently adopted by the school board, the last formula adopted by the school board and approved by the State Board of Elementary and Secondary Education shall be used to adequately fund the educational programs at the school.C. The school board of the school shall include in its annual budget request sufficient monies to fully fund the cost to the state for the school based on the adopted and approved formula.D. If the State Board of Elementary and Secondary Education fails to approve the formula as provided by this Section, the school board shall prepare its annual budget request as otherwise provided by law.E. The amount of funding for any budget request submitted as provided in this Section shall be determined by the legislature. No appropriation made under the provisions of this Section shall exceed on a per-student basis any amount appropriated in the same fiscal year to the Jimmy D. Long, Sr. Louisiana School for Math, Science, and the Arts in Natchitoches.Acts 1997, No. 1350, §1; Acts 2017, No. 374, §2, eff. June 23, 2017.Amended by Acts 2017, No. 374,s. 2, eff. 6/23/2017.See Acts 2017, No. 374, §5, relative to school name changes on items and products for the Jimmy D. Long, Sr. Louisiana School for Math, Science, and the Arts.