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politics22h ago
State education board OKs $10.9B budget request
- ISBE approved a FY2027 budget request of about $10.9 billion, marking a modest spend level for K-12 amid fiscal uncertainty.
- The plan increases Evidence-Based Funding by $350 million, the minimum under the 2017 reform, to reach roughly 90% adequacy over time.
- A shift of nearly $750 million in early childhood funding moves to the new Department of Early Childhood.
- MCAT reimbursements would rise by $151 million, about 13%, to cover transportation and special education costs.
- The proposal projects total EBF funding near $9.3 billion in FY2027 but notes a $3 billion gap to reach 90% adequacy statewide.
- Public hearings and revenue forecasts influenced the budget request amid concerns about federal tax law changes.
- The budget would keep overall spending near current levels, differing mainly due to reallocation rather than new funds.
- ISBE emphasizes progress under the EBF program since 2018, noting districts’ improved funding status though gaps remain.
- ISBE notes that achieving 90% adequacy statewide would require significantly more funding beyond the proposed increase.
- Capitol News Illinois frames the budget as a response to a tightening state fiscal condition and federal tax changes.
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