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Key Votes

SB 16 - Amends Formula for School Funding - Key Vote

Illinois Key Votes

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Legislation - Referred to Committee (House) -
Legislation - Bill Passed (Senate) (32-19) - (Key vote)

Title: Amends Formula for School Funding

Vote Smart's Synopsis:

Vote to pass a bill that amends the formula for school funding.

Highlights:

  • Requires the computation for school funding to be based on a school district’s “available local resources” which is a combination of the local revenue from the following sources (Sec. 945):
    • Local property taxes; and
    • Corporate Personal Property Replacement Taxes. 
  • Appropriates supplemental state aid to school districts that have a certain concentration level of children from low-income households (Sec. 945).
  • Requires the state to provide a school district with supplemental funding if the school district’s funding is decreased by more than $1,000 per pupil due to the provisions of this bill (Sec. 945).
Legislation - Introduced (Senate) -

Title: Amends Formula for School Funding

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