Tennessee Funding Board Shortchanges Schools, Infrastructure

 The Tennessee State Funding Board — the group responsible for setting the revenue projections used in state budgeting — met this week and got it wrong. Again. Like they do every single year.

Why does this even matter? Well, the Funding Board estimates are used to determine the parameters for the state budget. When the question is asked “why don’t we budget more for X,” the answer can be: The Funding Board says we won’t have that money.

Except, well, the Funding Board is wrong. ALL THE TIME.

Let’s look at the most recent evidence. This year, Tennessee is sitting on the largest budget surplus ever. EVER. That’s because state revenue came in at $2 billion ABOVE projections.

MORE>

For more on news impacting Hendersonville and Sumner County, follow @HvilleNews