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Tag Archives: Education Funding
Choosing Among Bad Options to Fix Our Pension Mess
So now we know that next year the State of Illinois will have to shell out 24% of its state budget just to pay pensions, and we strongly suspect that we’re having smoke blown at us if we believe the … Continue reading
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
Education Funding Part I: A Crumbling Foundation
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 This post is the first in a series where I’ll discuss what I think needs to be done about education … Continue reading