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Category Archives: Education
Does SB 1 Bail Out the CPS Pension System? You Decide.
Everybody’s trying to explain how SB 1 bails out the Chicago Public Schools (CPS) pension system, and why the numbers are all over the board. Greg Hinz of Crain’s, who’s been really good at trying to make sense of this … Continue reading
Chicago Messes Its Bed, Then Asks Us To Clean It Up
The big issue in Springfield this week is the school funding bill, SB 1, which contains the new funding formula for schools. The governor claims, and he’s right, that the bill contains a provision that, in effect, diverts money from … Continue reading
Creative Destruction in Education
People I’m talking to during the campaign tell me that property taxes are the top issue they want to see fixed in McHenry County. They all understand that the real driver of high property taxes is the cost of education. … Continue reading
Posted in Education, Federalism, Property Taxes
Tagged Education, Nevada ESA, School Choice
1 Comment
Education Part V: Property Taxes, the Well Has Gone Dry
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 Question: Why do property taxes keep going up? Answer: Because they can. Over the past several posts, I’ve discussed the … Continue reading
Posted in Education, Property Taxes
Tagged Chicago Public Schools, General State Aid, Poverty Grant, Property Taxes
2 Comments
Education Part IV: Poverty Grant and PTELL Subsidy, Why Do They Matter?
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 Until the turn of this century, the Foundation Level Grant was the primary component of state education support, and was … Continue reading
Posted in Education, Property Taxes
Tagged Chicago Public Schools, Education Funding, General State Aid, Poverty Grant, PTELL
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