ISBE: Nearly all Illinois school districts would receive more state funding under Rauner reform plan

https://www.ilnews.org/news/state_politics/isbe-nearly-all-illinois-school-districts-would-receive-more-state/article_340a4446-7f74-11e7-b944-afdb58d640ad.html

SPRINGFIELD, IL  – (Dan McCaleb – Illinois News Network.  Please click on the link above for the full story.  Here is an excerpt below.)

More than 97.5 percent of Illinois schools receive more state dollars under Gov. Bruce Rauner’s amended funding reform plan than they would under Democrats’ plan in Senate Bill 1, according to an analysis by the independent State Board of Education.

Forty-four school districts receive more than $1 million more under Rauner’s plan, and the 3 percent of school districts that receive less money under Rauner’s plan still receive more than they did last year, ISBE’s review found.

Released Saturday to the governor’s office and majority Democrats in the General Assembly, the ISBE analysis was conducted after Rauner vetoed SB1 to remove more than $120 million in additional annual funding for Chicago Public Schools to bail out its failing pension system and to more accurately reflect how the funding reform formula calculates district wealth.