Tennessee has a New School Funding Formula: What Does it Mean for Your District?
An upcoming forum seeks to answer key questions
The Tennessee General Assembly passed Gov. Bill Lee’s school funding reform plan this past legislative session. The new scheme, TISA, will take effect in the 2023–24 school year.
What does TISA mean for local school districts? How will it impact the schools in your district?
A group known as “Tennessee for All” is holding a virtual forum on June 16th to explore these questions.
Here’s what they have to say about TISA:
Whether we’re from Nashville or Kingsport, we all want our kids to have a great education. And yet, while our state government hands out millions of dollars to corporations and sits on billions in reserves, this new education plan locks in underfunding for nearly every school. It picks winners and losers, forcing some counties to pay higher property taxes to close the funding gap.
In short, they’re not fans. However, the forum will be a great opportunity to learn more about just how TISA impacts funding.
Here’s more background on the reality of TISA: