BATON ROUGE, La. (AP) — The state Board of Elementary and Secondary Education is deciding on a final proposal for next year's $3.5 billion annual school funding formula.

BESE is holding a special meeting Thursday to get a recommendation to state lawmakers in time to meet this week's deadline for submission.

The board discussed a version of the spending proposal last week, but stalled action amid ongoing conversations with school superintendents and local school board leaders over details of the formula.

The financing plan would pay for the operations of 69 public school districts for the 2014-15 school year.

New dollars are expected for technical training and special education. BESE members also support including a $69 million increase that lawmakers approved this year in the permanent formula.

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