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VOL. 129 | NO. 19 | Wednesday, January 29, 2014

Task Force to Study State's Funding Formula

AP

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NASHVILLE (AP) – Gov. Bill Haslam has appointed a task force to study the state's school funding formula.

The panel is being formed amid criticism that the Basic Education Program, or BEP, is not adequately funding districts statewide.

Last month, the Metro Nashville school board voted unanimously to ask officials to fund public education in a way that would allow those districts to meet rigorous new academic standards.

The board said the program hasn't been fully funded since it was overhauled six years ago under then-Gov. Phil Bredesen.

Education Commissioner Kevin Huffman will chair the task force, which is scheduled to meet over the course of this year and make recommendations to the governor by the end of the year.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 376 10,434
MORTGAGES 124 449 13,881
FORECLOSURE NOTICES 14 56 2,766
BUILDING PERMITS 196 798 23,420
BANKRUPTCIES 68 264 8,803
BUSINESS LICENSES 24 77 3,613
UTILITY CONNECTIONS 251 637 13,380
MARRIAGE LICENSES 21 93 3,117

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