- Associated Press - Sunday, April 19, 2015

SPRINGFIELD, Ill. (AP) - To lure more support, sponsors amended proposed legislation that would have overhauled Illinois’ outdated school funding formula for the first time since 1997. The amended version takes into account varying costs of living from region to region, to reduce proposed losses to school districts in wealthier parts of the state.

The first column below shows how much the original bill would have altered school funding from current levels, by region. The second column shows the changes from current funding levels under the revised bill, which counts on an addition of $86 million to help boost so-called anomaly districts - ones that have high property tax rates but are still spending less than average on their pupils through a combination of state and local dollars.

The third column shows the difference in funding for each region between the original and revised bills. The figures are based on an analysis by the Illinois State Board of Education.

RegionOriginal Bill (compared to current funding levels)Revised Bill (compared to current funding levels)Difference Between Bills
Downstate$215,727,864 more$153,883,362 more$61,844,502 less
Chicago collar counties$84,641,021 less$32,765,831 more$117,406,852 more
City of Chicago$38,498,141 less$3,814,421 less$34,683,720 more

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Online:

http://www.isbe.net

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