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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 This material may not be published, broadcast, rewritten or redistributed.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 73 391 11,120
MORTGAGES 88 481 13,903
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 198 969 24,034
BANKRUPTCIES 54 288 8,432
BUSINESS LICENSES 29 126 3,771
UTILITY CONNECTIONS 67 536 13,457
MARRIAGE LICENSES 17 103 3,031

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