» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 241 | Monday, December 12, 2011

Tenn. Comptroller Wants School Funding Formula Fix

ERIK SCHELZIG | Associated Press

Print | Front Page | Email this story | Comments ()

NASHVILLE (AP) – State Comptroller Justin Wilson says Tennessee's school funding formula is fraught with complexity and a lack of transparency that could lead to either inadvertent or intentional errors in distributing state money.

Wilson said in a letter to Education Commissioner Kevin Huffman this week that the department should take steps to enhance the accuracy of the funding formula that determines how $3.8 billion is directed to school districts around the state.

The comptroller's study found that average attendance figures –which play a key role in determining how much state money flows to schools – are self-reported, and that there is little the state can do to verify those numbers.

Wilson said Education Department and state lawmakers should work on ways to improve the formula without making it more complicated.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 182 13,079
MORTGAGES 135 267 17,025
FORECLOSURE NOTICES 0 21 3,322
BUILDING PERMITS 366 366 30,930
BANKRUPTCIES 69 135 12,478
BUSINESS LICENSES 23 43 4,532
UTILITY CONNECTIONS 182 328 19,221
MARRIAGE LICENSES 32 67 3,976

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.