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TACIR review of fiscal‑capacity model spotlights virtual schools, greenbelt treatment and sales‑tax shifts
Summary
Research director Michael Mount presented TACIR’s fiscal capacity index and noted virtual school enrollment and destination‑sourced sales affect county funding shares; commissioners requested further analysis and an ad hoc committee to examine implications for BEP funding and local budgets.
Tennessee Advisory Commission on Intergovernmental Relations research director Michael Mount presented the commission’s annual fiscal capacity analysis and highlighted features of the model that influence how state and local education funding is equalized.
Mount said two components of the Tennessee Investment in Student Achievement (TISA) funding formula—the base and weighted funding amounts—use TACIR’s fiscal capacity index. "Fiscal capacity answers the question how much each local government must contribute," Mount said, and he described the model’s inputs, including equalized property assessment, tax base per student, per capita income, and service…
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