Saturday, April 17, 2021

Mattresses Full of Cash – Tennessee Education Report

Mattresses Full of Cash – Tennessee Education Report
MATTRESSES FULL OF CASH



On the heels of the Department of Revenue’s announcement today that the state has once again exceeded monthly revenue projections, the Tennessee Education Association (TEA) released a statement accusing Gov. Bill Lee of stuffing mattresses full of cash rather than spending money on K-12 education.

Here’s the statement from TEA:

“Today’s announcement on state revenues from the Department of Finance and Administration further validates TEA’s criticism of Gov. Bill Lee’s budget amendment released earlier this week. 

The state has racked up $1.42 billion in surplus year-to-date. The money is there to make a significant increase to K-12 funding. Gov. Lee is choosing to stuff mattresses full of cash instead of investing in Tennessee students. 

We can and must do better by our students, educators and public schools. It’s time for state leaders to choose to get Tennessee out of the bottom five for state investment per student.”

TEA’s statement comes in the same week Lee released a budget amendment with little new money for public schools. Earlier in the week, the Tennessee Public Education Coalition (TPEC) called on Lee to improve his budget amendment by directing more CONTINUE READING: Mattresses Full of Cash – Tennessee Education Report