Education

Released May 14, 2024

Volume IX of the Fully Funding the EBF series continues CTBA’s modeling of fully funding the EBF to 90% of Adequacy. Volume IX uses the proposed Fiscal Year 2025 General Fund Budget appropriations for the Evidence-Based Funding formula, but uses a projected shortfall based on the ISBE EBF calculated shortfall for FY 2024 (released in August of 2023). The new release maintains the four scenarios, including the full funding model based on an increase of $500 million annually using Scenario 2: Funding the EBF on a Fully Inflation-Adjusted Basis, By Making a Nominal Minimum Target Level Increase Annually.

Released February 29, 2024

After seven years of implementation, including six that included New Tier Funding, or new year-over-year funding, Illinois' funding formula for K-12 Education—the Evidence Based Funding for Student Success Act, or EBF—has worked towards its promise of closing the drastic funding gaps between school in property-rich and property-poor districts,  as well as between schools in predominantly white communities and schools that serve predominantly Black and Latinx students, putting the funding responsibility on the state to ensure equity for districts with less local resources. The EBF accomplishes this by distributing new K-12 funding to those districts that are furthest away from having adequate resources, and furthest away from hitting their respective "Adequacy Targets" --which is the amount the research indicates is required to provide the level of education the students they serve need to succeed academically.

The EBF replaced a formula that was based on a one-size fits all "Foundation Level" of per-pupil funding that was both inadequate in amount and inequitable in distribution. In fact, Illinois' disinvestment had been so inadequate that local property tax revenue became the primary method from which education was funded. Now, seven years later, the EBF has drastically changed public education funding allocation and has worked to close Adequacy Funding Gaps for students across all regions of the state and from all demographics by continuing to increase the state level investment each year.

Released October 9, 2023

Volume VIII of the Fully Funding the EBF series continues CTBA’s modeling of fully funding the EBF to 90% of Adequacy, which aligns with the Illinois State Board of Education’s methodology.

Released May 3, 2023

Volume VII of the Fully Funding the EBF series continues CTBA’s modeling of fully funding the EBF to 90% of Adequacy, which aligns more closely with the Illinois State Board of Education’s methodology.

Released April 19, 2023

Between FY 2022 and FY 2023, aggregate Personal Property Replacement Tax ("PPRT") revenue for all school districts increased by a record 76 percent. As things stand today, more record growth in PPRT revenue is projected for FY 2024. That revenue is a welcome addition to school district resources, however, if the projections for FY 2024 prove to be accurate, it will mean that collectively over the FY 2020 through FY 2024 sequence, the statewide Adequacy Gap under the Evidence Based Funding formula was reduced at a significantly faster rate because the local revenue increased at a faster rate over this time period compared to the increase in state-based revenue (new Tier funding).

CTBA’s most recent report highlights how the Personal Property Replacement Tax is a relatively odd revenue source that allocates revenue to school districts in accordance with their respective collections of Personal Property Tax revenue in either 1976 or 1977 and how this revenue source has big impacts on Illinois education policy. 

Released March 8, 2023

After six years of implementation, five of which included new year-over-year funding, Illinois’ school funding formula – the Evidence Based Funding for Student Success Act, or EBF – has worked towards its promise of closing Illinois’ drastic funding and achievement gaps between schools in property-rich and property-poor districts, as well as between schools in predominantly white communities and schools that serve predominantly students of color. The EBF accomplishes this by distributing new K-12 funding to those districts that are furthest away from having the resources to fund their respective “Adequacy Targets” – which is the amount the research indicates is required to provide the level of education the students they serve need to succeed academically.

The EBF replaced an old formula that was based on a one-size-fits-all “Foundation Level” of per-pupil funding that was both inadequate in amount and inequitable in distribution. Indeed, the state’s historic investment in K-12 has been so inadequate that local property tax revenue became the primary method of funding education. But after six years of the EBF, the formula has proven that it is working as intended to counter historic inequities by investing more at the state level each year, closing Adequacy Funding Gaps for students in every region of the state and of every race and ethnicity.

Released October 1, 2022

Volume VI of the Fully Funding the EBF series continues CTBA’s modeling of fully funding the EBF to 90% of Adequacy, which aligns more closely with the Illinois State Board of Education’s methodology. Volume VI uses the Enacted Fiscal Year 2023 General Fund Budget appropriations for the Evidence-Based Funding formula found in Volume V, but applies the ISBE EBF calculated shortfall for FY 2023 (released in August 2022), rather than a projected shortfall as provided in Volume V. The new release maintains the four scenarios found in the Fully Funding the EBF series Volume V.

Released June 20, 2022

Volume V of the Fully Funding the EBF series keeps adjustments to CTBA’s model to align more closely with the Illinois State Board of Education’s methodology and reporting but based on the Enacted Fiscal Year 2023 General Fund Budget appropriations for the Evidence-Based Funding formula. This change is made to the overall Adequacy Gap funding level (changes from 100% to 90% to accommodate for Federal funding). This change in methodology is applied in the same manner as it was for the four scenarios found in the Fully Funding the EBF series Volume V.

Released September 23, 2021

Contrary to what the governor proposed in the FY 2022 General Fund budget proposal, K-12 funding under the Evidence-Based Funding formula (EBF) resumed funding of the $300 million Minimum Funding Level in the FY 2022 Enacted General Fund Budget, as it had in FYs 2018,2019, and 2020. This is certainly better than being held level with the prior fiscal year, as was done in FY 2021.

Volume IV of the Fully Funding the EBF series makes some minor adjustments to CTBA’s model to align more closely with the Illinois State Board of Education’s methodology and reporting. This change is made to the overall Adequacy Gap funding level (changes from 100% to 90% to accommodate for Federal funding). This change in methodology is applied to the four scenarios found in the Fully Funding the EBF series Volume Three.

Released March 16, 2021

In the FY 2022 General Fund budget proposal the Governor announced in February, K-12 funding under the Evidence-Based Funding formula (EBF) is once again held level with FY 2020, in nominal, non-inflation adjusted dollars. While that is certainly better than being cut from FY 2020 levels in nominal dollars, it represents a step backward. By not providing additional new funding for the EBF, the state is extending the time it would take to fully fund the EBF by two years – if the state continues to put in a minimum of $300 million yearly beginning in FY 2023. That two year extension would mean extending the timeline to more than four times longer than what is required by statute. 

This update is the third installment in the Fully Funding the EBF Series.

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