Illinois funding proposal revised to limit funding losses

Friday, May 23, 2014

A proposal that would drastically change the way Illinois public schools are funded now limits the amount of funding some schools would lose under the plan.

A Senate panel approved changes to the legislation Thursday by agreeing to cap the amount of funding schools would lose under a new need-based funding formula at $1,000 per student.

“We capped the per-pupil loss for a small number of districts in the state at $1,000,” said state Sen. Andy Manar, D-Bunker Hill, who introduced the proposal. “These are districts that tend to spend much more than the state average. […] Nonetheless, it was a reasonable change.”

Read more