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Category Archives: Education
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 Leave a comment
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 Leave a comment
Education Funding, Part II: The Big Sucking Sound from the Shores of Lake Michigan
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 We now move on to the second funding stream in General State Aid, the Supplemental Low‐Income (Poverty) Grant. Don’t worry, … Continue reading