Compromise school funding bill more equitable for all schools
All Illinois school districts would benefit from a more equitable distribution of state education dollars under a compromise proposed June 22 by State Sen. Jason Barickman (R-Bloomington) to fix the state’s broken school-aid formula.
According to data released by the Illinois State Board of Education (ISBE), an education funding compromise sponsored by Sen. Barickman would give all Illinois school districts a more equitable distribution of state education dollars.
School districts in every region of the state would fare better under this compromise measure, and Senate Bill 1124 (Senate Floor Amendment 3) would drive more funding to low-income students across the state’s 852 school districts than they would receive under previous measures, including Senate Bill 1.
Senate Bill 1124 has many bipartisan components but it differs from other reform plans, like Senate Bill 1, in the way it treats Chicago Public Schools. Whereas Senate Bill 1 funnels hundreds of millions of dollars toward just the one district, Senate Bill 1124 treats all districts equally and rejects the cycle of Chicago Public Schools bailouts.
The ISBE analysis for Senate Bill 1124 (Senate Floor Amendment 3) is available at https://www.isbe.net/Pages/Education-Funding-Proposals.aspx.