Oak Ridge Today

Haslam appoints task force to focus on education funding

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Governor Bill Haslam

Bill Haslam

Group to study Basic Education Program formula

NASHVILLE—Tennessee Gov. Bill Haslam on Tuesday announced the creation of a task force to study the Basic Education Program, or BEP, which is the state’s funding formula for K-12 schools.

The most recent revision to the BEP, known as BEP 2.0, was adopted in 2007. The formula takes factors such as local property and sales tax revenue into account when calculating how much money Tennessee school districts will receive from the state each year. A number of districts, both large and small, have raised questions and concerns about the formula and whether it distributes funds in a fair and equitable manner.

“The last significant revision of the BEP was seven years ago, and education in Tennessee has changed a lot since then,” Haslam said. “It is the appropriate time to take a fresh look at the formula, identify strengths and weaknesses and determine whether or not changes should be made.” [Read more…]

Nothing to report yet on Oak Ridge Schools funding, state official says

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Tennessee officials had little to say on Wednesday about the potential loss of state education funding that Oak Ridge school officials have said could cost the school system $1.87 million per month—and lead to a temporary school shutdown on Oct. 1.

“We are starting to have meetings with various people regarding this situation, but at this point, we don’t have anything to report,” said Kelli Gauthier, communications director for the Tennessee Department of Education. [Read more…]