Thursday, February 18, 2016

KCS expected to receive additional $11.4 million in state BEP funding

Knox County Schools is expected to receive additional $11.4 million in Basic Education Program funding from the state.

The Governor's Office will begin allocating the extra money beginning next fiscal year, which starts July 1.

The school currently receives about $182 million a year, according to Knox County finance director Chris Caldwell, who said the additional funding is tied to a 1 percent student enrollment increase during the 2015-16 year.

MORE: BEP budget for FY17

The governor's office is expected to allocate an additional $26 million in BEP funding to Shelby County Schools, which is a public school district in Memphis, Tenn.

The BEP makes up a good portion of the school system’s annual more than $438 million budget.

For years local officials have fought for an increase in the county’s portion from the state.

The windfall comes at a time when county and school officials have been at odds for the past few years over the school system’s funding.

Here's a list of other East Tennessee school districts receiving more than $1 million in additional BEP funding (rounded two decimal places):
  • Anderson County: $1.38 million
  • Blount County: $2.91 million
  • Maryville City: $1.15 million
  • Cocke County: $1.28 million
  • Cumberland County: $1.57 million
  • Grainger County: $1.23 million
  • Greene County: $1.26 million
  • Hamblen County: $3.71 million
  • Hawkins County: $1.91 million
  • Jefferson County: $2.41 million
  • Monroe County: $1.36 million
  • Rhea County: $1.19 million
  • Scott County: $1.11 million
  • Sevier County: $1.31 million

No comments: