Last fall, Tennessee Gov. Bill Lee set the stage for comprehensive K-12 school finance reform by declaring his administration would “pursue a rigorous review of our state’s education funding to ensure we are properly investing in students and stewarding our resources well.”
After months of subcommittee meetings and public town halls to discuss possible changes to how the state allocates education dollars to districts, Tennessee Education Commissioner Penny Schwinn recently released a draft framework showing how the Volunteer State could transition to a student-centered funding model. Essentially, they’re looking to replace their current complex, non-transparent funding system with a simpler formula that better accounts for
