Section 0520-12-05-.01 - INTRODUCTION TO TISA(1) In accordance with Tennessee Code Annotated, Title 49, Chapter 3, Part 1, and these rules, beginning with the 2023-2024 school year, the Department of Education shall implement the Student-based funding formula known as the Tennessee Investment in Student Achievement (TISA) formula as the system for funding education for kindergarten through grade twelve (K-12) public schools.(2) As part of TISA, each Student generates a funding allocation that includes the following: (a) The Base Funding Amount that each Student generates towards the Student's funding allocation in a given year;(b) Weighted Allocations for which the individual Student satisfies the criteria established in T.C.A. § 49-3-105(b) and Rule 0520-12-05-.04; and(c) Direct Allocations for which the individual Student satisfies the criteria established in T.C.A. § 49-3-105(c) and Rule 0520-12-05-.05.Tenn. Comp. R. & Regs. 0520-12-05-.01
New rules filed November 17, 2022; effective 2/15/2023.Authority: T.C.A. §§ 49-3-103(b) and (c), 49-3-105, and 49-3-115.