The Lincoln Parish School District (LPSD) will apparently take a budget hit of about $817 thousand for the 2012-2013 fiscal year, according to a preliminary budget letter obtained by Lincoln Parish News Online (LPNO).
See here the document.
According to the data, 129 Lincoln parish students were awarded scholarships to the New Living Word Ministries School located on West Barnett Springs Road in Ruston.
Each student represents $63 hundred in Minimum Foundation Program (MFP) funds. MFP is the formula that determines the cost to educate students at public elementary and secondary schools and defines state and local funding contributions to each district.
The amount represents about 1.2% of the total $68 million in expenditures of the district for FY 2011-2012.