A state organization tasked with providing research on the operations of state and local government has released a report suggesting Tennessee’s school funding formula, the BEP, needs at least $1.7 billion to adequately fund public education in the state. TACIR — The Tennessee Advisory Commission on Intergovernmental Relations — released “K-12 Education Funding and Services.” Here are some notes:

* Report shows local governments spend at least $1.7 billion over BEP requirements.

* “Comparisons of BEP-funded to actual positions show that school systems often need to…