On May 2, 2022, Governor Bill Lee signed TISA into law. This new law will completely replace the Basic Education Program (BEP) funding formula and will determine how school districts receive funding starting in the 2023-2024 school year. Student enrollment, or Average Daily Membership (ADM), is one of the main factors in TISA. The funding formula contains four main components: base, weights, direct, and outcomes. Local funding bodies are required to contribute to the base and weights. Their contribution is determined by the fiscal capacity of the county where the school district is located. While the components provide the basis for calculating the level of funding, each local school district has flexibility in determining expenditures. The documents provided shows your school district’s funding for each individual component within the TISA formula.
