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Tag Archives: Chicago Public Schools
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
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
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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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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