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Davidson TISA Estimate
Davidson TISA Estimate
In October 2021, Governor Bill Lee announced the state would review its public school funding formula. Subsequently,
Tennessee undertook an expansive statewide engagement process, which incorporated opportunities for thousands of
individuals across the state to provide input and feedback on what they would like to see in a new funding formula for
public school funding.
Today, Governor Lee has announced his new proposed K-12 public school funding formula—the Tennessee Investment
in Student Achievement (TISA).
Based on the legislation as proposed, Metro-Nashville Public Schools would be allocated $47,502,753.98 in
additional funding under TISA, should it be passed by the Tennessee General Assembly. Passage of this proposed
bill would bring an additional $1B in recurring funding to public education in Tennessee.
For the first time in over 30 years, the TISA would update the way Tennessee invests in public education by moving to a
student-based funding formula, which includes:
As a result of this student-based formula and the data shared by your district with the department, your allocation under
the TISA is reflected on the following page. Please note this does not include fast-growth funding, outcomes funding, or
the additional funding your district may spend on education. This only reflects the base, weights, and direct funding
outlined in the new formula proposal, based on the data your district has submitted.
I am deeply appreciative of your leadership and the support you show for your district, schools, educators and students.
The department looks forward to partnering with you on this important work to drive positive outcomes for Tennessee
students.
Additional information will continue to be made available as the legislation is considered by the Tennessee General
Assembly. To learn more about student-based funding, review Tennessee’s recent public engagement process and
recommendations, and access additional resources, click here.
Sincerely,
Tennessee Department of Education Tel: (615) 741-5158 • Fax: (615) 532-4791• tn.gov/education
District Allocation
As a result of this student-based formula and the data shared by your district with the department, your allocation under
the TISA is reflected below. Please note this does not include fast-growth funding, outcomes funding, or the additional
funding your district may spend on education. This only reflects the base, weights, and direct funding outlined in
the new formula proposal, based on the data your district has submitted. Please note this is a projection and
enrollment changes will impact any numbers two years from now.
Please note, as your LEA’s projected maintenance of effort would continue to exceed the projected FY24 local required
match, your district is not estimated to need to contribute additional funds beyond existing investments.
Fiscal Comparisons
FY24 TISA FY23 Funding* Change
Overall Funding $776,714,835.47 $729,212,081.49 $47,502,753.98
Required Local Match $451,920,562.87 $417,099,729.43 Increases
Maintenance of Effort $842,129,900.00 No Change
*Note: FY23 funding include both BEP projections and grants outside the BEP.
Tennessee Department of Education Tel: (615) 000-1234 • Fax: (615) 000-1234 • tn.gov/education