State School Board Asks for Funding Increase
•March 10, 2021•
Illinois State Board of Education officials on Monday made their case for an added $362.1 million to the state’s evidence-based funding formula and $50 million in early childhood education grants, pushing back on the governor’s proposal to keep state K-12 education funding flat next fiscal year.
In total, the board recommended a $406 million, or 4.6 percent, increase in fiscal year 2022 in state general revenue funding, increasing the state’s share of education funding to $9.3 billion for the budget year that begins July 1.
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