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Officials explain TISA formula, state/local shares and charter funding in Hamilton County
Summary
District finance staff reviewed how the state TISA funding formula works, local fiscal capacity, and how charter and voucher students factor into the district’s revenue.
Mary Ellen, the district finance presenter, gave a primer on TISA, the state funding formula that replaced BEP, and described the formula’s components and how local contributions are calculated.
Mary Ellen said TISA’s calculation begins with a base funding amount per average daily membership (ADM) and adds weights for factors including economic disadvantage, English‑language learners and special education needs. “For the base and…
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