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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 This material may not be published, broadcast, rewritten or redistributed.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 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 0 68 2,712
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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