Basic Education Program (BEP) 2.0 Fiscal Capacity Inputs, 2007-2015

Author: Boyd Center for Business and Economic Research

Publication Date: July 1, 2015

The Basic Education Program 2.0 (BEP) outlines the funding formula used to allocate state education dollars to Tennessee’s k-12 schools. This formula compares a locality’s average tax rate to its tax use to calculate a percentage reflecting its ability to generate revenue from its own base to cover educational resource needs.