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Updated · Capitol News Illinois · Jul 8Illinois School Funding Formula Increases Aid but Equity Gaps Persist After Ten Years
1 articles · Updated · Capitol News Illinois · Jul 8Summary
- Illinois' Evidence-Based Funding formula, implemented since 2017, has increased state funding for K-12 schools by over $3 billion.
- Despite increased funding, 63% of school districts remain below 90% of their adequacy targets, highlighting persistent funding inequities.
- Property tax disparities continue, with poorer districts paying double the tax rates of wealthier ones, impacting educational equity statewide.