Gov. Bill Lee’s 4th State of the State Agenda Proposes +$1 Billion New Recurring Funding for K-12 Public Education

Governor Bill Lee proposed more than $1 billion new recurring funding for K-12 public education in Tennessee during his fourth State of the State Address on Monday.  Governor Bill Lee’s budget proposals for K-12 public education includes a $750 million investment in public education and for a new student-based funding formula to invest in Tennessee students, a $500 million investment in Innovative School Models in Tennessee’s middle and high schools, a $200 million investment in communities that have public schools located in floodplains, a $125 million increase in teacher compensation funding, and $32 million in facilities funding for public charter schools.