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Hamilton County School Board questions missing $11 million in tax funds

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CHATTANOOGA, TN (Times Free Press) -

How do you lose track of $11 million?

That's the question several Hamilton County school board members are asking since their finance director discovered Chattanooga hasn't paid the schools' share of liquor-by-the-drink taxes for nearly a decade.

The shortfall totals $11.4 million -- money that could have funded nearly a whole elementary school, pay raises or some 20 additional teachers each year.

"I would still like to know the answer," said school board member David Testerman. "If this has happened for so long what else is going on?"

Read more from our news partners at the Chattanooga Times Free Press.

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