Former Nashville School Board member Amy Frogge offers some key facts about education funding in Tennessee in a series of tweets.
Here they are:
Here are some shocking facts about education funding in Tennessee: 1. TN has chronically underfunded public education. We rank 46th nationally (bottom 5 states) in education spending. We spend less than any of our neighbors, including KY, NC, GA, AL AR, and even MS. 1/
2. According to the states’s own estimates, the BEP (TN’s education funding formula) is underfunded by $1.7 billion per year. If you hear politicians say “the BEP is fully funded,” they’re lying. 2/
3. The BEP, which generates $7400 per student in state funding, is starvation funding. No school district can run on that amount. Local school districts must make up the difference- sometimes funding up to 60% of the costs. 3/
4. According to the TN Dept. of Revenue, TN’s surplus for the current fiscal year is now over $1 billion w/6 more months to go. The Sycamore institute just released an analysis demonstrating that TN will have at least $3.1 billion in “excess” or unplanned revenue this cycle. 4/
5. For the month of January 2021 ALONE, the state generated a $380.1 million surplus! 5/
6. TN has $7.5 billion in cash reserves. Underfunding education is a clear choice. 6/
Not only does the state refuse to invest in our schools and teachers, but the legislature continues to pass unfunded mandates that already strapped local school districts must shoulder. 7/
Here’s what YOU can do to help: Share this information, and please reach out to your representatives! The Governor’s budget can be amended before the end of the legislative session, and we have a golden opportunity to make a difference! 8/
Frogge is dead on, of course. Here are some sources supporting her claims:
To be clear, when legislative leaders tell folks back home they “fully funded the BEP,” they are simply saying they put the minimum required funding into the formula. What they aren’t saying is that this formula still has a $1.7 billion hole plus a $1 billion inflationary gap. It’s like saying you made the minimum payment on your credit card bill while ignoring the 40 plus years it will take to pay off the balance if you only pay the minimum each month.
There’s also been a decade of deliberately misleading rhetoric around funding schools.
Anyway, Frogge is right. Tennessee has a huge surplus of cash. It is completely reasonable to demand that money be invested in our schools.
For more on education politics and policy in Tennessee, follow @TNEdReport