Explaining the Last Decade of School Funding in Tennessee

The Tennessee House Republican Caucus sent out a tweet bragging about the amount of money the state has invested in teacher pay over the past decade.

Here it is:

Republicans have passed $616.5 million in teacher pay increases since 2011 with more on the way! We support and appreciate our teachers as foundation builders for our state!

- TN House Republicans (@tnhousegop) February 4, 2021

I’m not even sure where to start. Well, actually, I am.

1. $616.5 million sounds great, and it’s neat to aggregate data over a decade, but that BIG number averages out to about $62 million per year. That’s about a 2% increase in the BEP salary allocation (not actual money in paychecks) each year. Calm down a little, already.
2. Did I mention that $616.5 million might sound great? So, the TN House GOP is all excited about spending $616 million plus over TEN years, while the state is sitting on a $3.1 billion surplus this year alone! That means we could spend $616 million in teacher salaries THIS YEAR and still have more than $2.4 billion LEFT to spend. Read that again. Republicans are bragging about taking an entire decade to allocate in total what is available THIS year and could be funded while still leaving $2.4 billion for other priorities.
3. A bipartisan group of policymakers reports that we need $1.7 billion in a SINGLE year in order to adequately fund the BEP. That’s because the…