ARLINGTON HEIGHTS – State Senator Ann Gillespie announced that school districts across the 27th District will receive over $49 million in additional funding to help address the financial challenges of recent years.
“New funding will provide local schools with the resources they need to help students learn and grow,” said Gillespie (D-Arlington Heights). “This investment will help to build a better learning environment for students across our community.”
The funding comes from the 2017 Illinois Senate Democrat-backed evidence-based funding formula – an overhaul of the way the state funds K-12 education. The law made school funding more equitable by calculating the needs of individual school districts and basing its state revenue on those needs. The formula takes into account a district’s total enrollment, poverty rate, the number of special education or English language learners, among other factors.
Local school set to receive funding include:
- Palatine Community Consolidated School District 15
- Prospect Heights School District 23
- Arlington Heights School District 25
- Mount Prospect School District 57
- Township High School District 211
- Township High School District 214
The Fiscal Year ‘23 budget invested an additional $350 million into student’s success through the evidence-based funding model.
For more information on the FY 23 evidence-based funding distribution, visit isbe.net/Pages/EvidenceBasedFunding.
