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Tag Archives: PTELL
Let’s Turn the Boil Down to a Simmer
There’s some misinformation flying around about the Governor’s amendatory veto of the school funding bill (SB 1) which needs to be addressed. The thing that’s got my attention is the discussion surrounding the calculation of the “hold harmless” provision. The … Continue reading
Posted in Education
Tagged Education Funding, Evidence Based Model, PTELL, SB 1, TIF
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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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Education Part III: PTELL Giveth and PTELL Taketh Away
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 THE GIVETH PART: The Property Tax Extension Limitation Law (PTELL) is designed to limit the increases in property tax extensions … Continue reading
Posted in Education, Property Taxes
Tagged Chicago Public Schools, Education Funding, PTELL
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