Illinois School Funding

Illinois Speaker of the House Mike Madigan today announced that he will re-convene hearings on the state’s education funding formula. The state's current formula relies heavily on property taxes, creating a big disparity among schools based on their geographic location. Some districts can spend more than $32,000 per student every year, while others scrape by on a fraction of that amount. 

T.J. Carson

Funding solutions for the Monmouth-Roseville School District remain unknown after a proposed hike in the education fund tax rate was voted down in November’s elections.

T.J. Carson

Voters will decide whether to grant the Monmouth-Roseville School District a 75-cent tax rate increase for the education fund.  Salaries and most other day-to-day expenses are paid from that fund.

Rich Egger

Critics of the way Illinois funds schools say it's wrong that the quality of a child's education is based largely on his/her zip code.

Rich Egger

It's doubtful Illinois' pension crisis will be resolved soon.

Legislative leaders and the governor met Thursday, June 21 to discuss whether the state or local school districts should pay retirement costs for downstate and suburban teachers. The state picks up the tab now, but it doesn't pay for Chicago teachers' retirement benefits.

After the meeting, top lawmakers said they're going to spend five weeks studying school funding equality. Then they'll work on what to do about Illinois' hugely underfunded government pensions.

Illinois public school districts are preparing next year's budgets. It's a difficult undertaking with state aid still up in the air.

The legislative session will begin several weeks later than usual. It's not known when the governor and the lawmakers might agree on education funding.

General State Aid to school districts was cut 5% for the current fiscal year.

West Prairie Superintendent Jonathan Heerboth said the cuts for next year could be worse.