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Illinois panel proposes guaranteed foundation funding and tax relief
The commission urges a state guarantee of 50 percent of foundation funding and a total cost of about 1.8 to 1.9 billion, offset by 1.5 billion in local property tax relief. It outlines standards for student achievement, links accountability to funding, and calls for a constitutional amendment to reform school finance. It highlights current disparities, property wealth gaps, and the need to broaden revenue sources and efficiency.
MENTIONED IN THIS ARTICLE
SerriteriaLi
Illinois
Perent. of “Foundation
Coax Ison
Siledon
Wome
Comucioelon Beleves
Thatio Ei
Tkenberry
Illinois State Board of Education
The
General Assembly
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