Reports

How Much Are State Pension Payments Worth to Illinois School Districts?

Release: June 23, 2017

Every school district in Illinois except for the Chicago Public Schools has its teacher pension payments made by the state as a consolidated payment to the Teachers Retirement System. Because of this, it is difficult to determine how much money these pension payments are worth to individual districts. CTBA has created per-district estimates for both normal cost (the payment that covers benefits being earned by current employees) and legacy cost (the debt service payment to make up for previous years' underfunding).

The Potential Harm to Downstate Schools If the Governor Vetoes SB1

Release: June 20, 2017

The Evidence-Based Funding for Student Success Act, or Senate Bill (SB) 1, was approved by the Illinois General Assembly on June 11, 2017. SB1 would significantly reform the how Illinois funds public schools by replacing an outdated, one-size-fits-all formula by calculating a unique adequacy level for each school district in the state, based on evidence-based best practices and demographics.

The Value Propositions Associated with Funding Research-Based K-12 Education Practices

Release: September 20, 2016

Given what the evidence says about the role education plays in building both an individual’s and a state’s economic competitiveness, the questions for policymakers become: Can the value of adequately investing in K-12 education be quantified? Is it possible to identify how making appropriate investments in specific, evidenced based educational practices today, can generate quantifiable economic and other benefits to society tomorrow? The answers, as it turns out, are yes and yes.

House Bill 174, 96th General Assembly

Release: May 7, 2010

Fact Sheets and Report on House Bill 174 of the 96th General Assembly. This tax reform bill would have implemented a number of changes to Illinois' tax structure including tax increases of the personal and corporate income taxes. Thus, generating new revenue for the state.

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