- For the very first time in a few many years, Tennessee has overhauled how it money K-12 training.
- The new method is recognized as the Tennessee Financial investment in Scholar Achievement.
- The approach, accredited very last week by lawmakers, was a single of Gov. Monthly bill Lee’s best legislative initiatives.
- Lee signed the bill into law on Monday in Franklin.
Gov. Monthly bill Lee ongoing his legislative victory lap at his hometown superior faculty Monday, where by he signed his new education strategy into legislation.
Lee’s new K-12 education funding prepare would increase an additional $1 billion statewide to training funding and change how that income is distributed throughout the Volunteer Point out.
His signature arrives just times right after the system handed the Tennessee Normal Assembly before lawmakers wrapped for the yr.
“What’s distinctive about this piece of laws and this funding formula is that it considers college students previously mentioned all,” Lee explained. “It really is a student-primarily based funding components that considers the exceptional requires of every single university student.”
Training funding passed:In win for Gov. Monthly bill Lee, Tennessee lawmakers move key instruction funding overhaul
New funding method:Gov. Monthly bill Lee unveils new university funding formulation aimed at focusing funds specifically on university student
The laws comes 3 months just after Lee and Schooling Commissioner Penny Schwinn unveiled the program termed the Tennessee Investment decision in Scholar Accomplishment, or TISA.
The prepare replaces the Primary Education Plan, or BEP, which critics on both of those sides of the aisle have named out-of-date.
The new method offers a base allocation of $6,860 for every university student, introducing extra funding, or weights, for learners from specific populations, these types of as English language learners or learners residing in poverty.
One of the troubles the Lee administration has faced has been queries about the share local districts will receive and how much area governments have to lead.
An investigation by The Tennessean found by shifting the way revenue is divided, almost two-thirds of university districts, even though obtaining more in real dollars, are acquiring a reduce percentage of state cash than underneath the previous components.
Metro Nashville Community Educational facilities associates were especially discouraged about the total of supplemental dollars the college would receive in contrast to its dimensions.
Adam Friedman is The Tennessean’s point out governing administration and politics reporter. Access him by electronic mail at [email protected]
Want to browse more stories like this? A subscription to a person of our Tennessee publications gets you limitless accessibility to all the latest politics news, plus newsletters, a personalized mobile working experience and the means to faucet into stories, photos and videos from during the Usa Nowadays Network’s every day web-sites.