New Collection Highlights Tennessee’s New Education Funding Formula

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The Tennessee Comptroller’s Office is releasing a new collection of materials about the Tennessee Investment in Student Achievement (TISA) funding formula.
TISA is the state’s new K-12 funding formula. As of the 2023-24 school year, Tennessee public school districts receive funding through TISA.

Four items in the Comptroller’s new TISA Collection are now available:An interactive dashboard provides an overview of how each component is calculated. Data can be filtered by selecting a school district from the drop-down menu.The TISA flowchart outlines the TISA formula, showing a breakdown of how each component relates to the others.The TISA glossary includes the most common TISA terms with a short explanation for each entry.A list of small and/or sparse districts – TISA provides weighted funding for districts that are classified as small and/or sparse. This list shows the small and sparse status for each school district in Tennessee.  New items in the Comptroller’s TISA Collection will be released in the coming weeks, including a video tutorial explaining how each TISA component is calculated.To view the TISA collection, please visit the Comptroller’s website at: tncot.cc/orea

Media contact: John Dunn, Director of Communications, 615.401.7755 or john.dunn@cot.tn.gov
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