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Senate Bill 16

Senate Bill 16. An Inequitable Funding Proposal. Intended to provide general flexible state aid to schools in an equitable manner. General State Aid (GSA) represents approximately 66% of state funds for elementary and secondary education .

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Senate Bill 16

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  1. Senate Bill 16 An Inequitable Funding Proposal

  2. Intended to provide general flexible state aid to schools in an equitable manner. • General State Aid (GSA) represents approximately 66% of state funds for elementary and secondary education. • GSA two-part formula that consists of the Foundation Grant ($6,119), the Poverty Grant. The grant includes multiple adjustments, the largest of which is the PTELL Adjustment. General State Aid (GSA)

  3. Growth in Education Funding • 600+% growth in Poverty Grant Funding• Rise/Fall of PTELL Adjustment• Stagnant/Slow Growth in Foundation Support

  4. Proration History

  5. Senate Republican’s Report on Education Funding Shows Current Law Heavily Favors Chicago

  6. SB 16 cherry-picked recommendations of the Senate Education Funding Advisory Committee (EFAC) • Proposed changes are intended to equalize education funding using a school district’s ability to pay • Currently, about 40% of education funding is equalized through the Foundation Grant • EFAC recommendations would equalize 96% of education funding • SB 16 equalizes 83% of funding Senate Bill 16 - Intent

  7. SB 16 reallocates education funding to create winners and losers • SB 16 contains a generic, one-size-fits-all, way to determine local wealth • SB 16 compromised EFAC’s report by not fully following its recommendations • Includes a pension pick up for Chicago Teachers ($200 million in State Aid to Chicago) • Maintains status quo on certain Block Grants that heavily favor Chicago (extra $145 million to CPS through these block grants) Senate Bill 16 - Flaws

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