Tennessee’s Proposed Public School Funding Formula Will Not Increase Local Taxes, Commissioner Schwinn Insists

Local taxpayers should not be worried about a large local tax increase in four years if a new public school funding formula is enacted, Tennessee Department of Education (DOE) Commissioner Penny Schwinn said.

An introductory overview of the proposed new formula, which would replace the current Basic Education Program (BEP) created in 1992, from the DOE showed “local contributions are set to be lower in FY24, FY25, and FY26 and begin to increase again in FY27, in an amount similar to prior years so that the new state investment does not overwhelm local requirements.”

During discussion in the House K-12 Subcommittee, however, Schwinn pushed back on the notion there would be a four-year cliff where local governments would see a heightened required local expense for public schools.

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New Local Taxes for Public Transit May Be on the Way for Some Pennsylvania Counties

Public transportation funding has been a growing concern in some cities, and a proposed bill could give some Pennsylvania counties the authority to levy local taxes to support their transit systems.

Rep. Tim Hennessey, R-Chester/Montgomery, introduced HB2366 to grant Allegheny, Bucks, Chester, Delaware, Montgomery and Philadelphia counties the ability to levy taxes “​​for transit and transportation systems and transportation infrastructure.”

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