(a) Each LEA must have the opportunity to provide feedback and recommendations regarding the TISA to the department and the comptroller of the treasury, on a template prescribed by the department, by November 1, 2024, and each November 1 thereafter.
LEA: means a county, city, or special school district, unified school district, school district of a metropolitan form of government, or another school system established by law. See Tennessee Code 49-3-104
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
TISA: means the student-based funding formula established pursuant to this part that consists of student-generated funding allocations pursuant to §. See Tennessee Code 49-3-104
(b) By January 15, 2025, and each January 15 thereafter, the department shall deliver a TISA report to the members of the general assembly that contains, at a minimum:
(1) An academic analysis of each LEA;(2) The accountability report cards for each LEA;(3) An executive summary of the feedback and recommendations provided by LEAs pursuant to subsection (a); and(4) Reviews of the TISA by relevant experts, including a cost review and recommendations.(c) The department shall make the report generated pursuant to subsection (b) publicly available on the department’s website.(d) The comptroller of the treasury, through the comptroller’s office of research and education accountability, shall review and study the TISA to determine the effectiveness of state expenditures on kindergarten through grade twelve (K-12) education. By December 31, 2024, the comptroller shall report the conclusions of the study and any legislative recommendations to the speakers of the senate and house of representatives and to the members of the education committee of the senate and the education administration committee of the house of representatives.
