State Senator Cristina Castro announced five school districts across Cook and Kane counties will receive over $26 million in additional funding to help address the financial challenges of recent years.
“One of the top issues I hear about from suburban families is property taxes,” said Castro (D-Elgin). “That’s why it’s so critical the state keeps good on our promise to continue investing in fully funding our public schools. It’s one of the best ways we can ensure student success without unfairly burdening our local governments and taxpayers.”
The funding comes from the 2017 Illinois Senate Democrat-backed evidence-based funding formula — an overhaul of the way the state funds K-12 education. The law made school funding more equitable by calculating the needs of individual school districts and basing its state revenue on those needs. The formula takes into account a district’s total enrollment, poverty rate and number of special education students or English language learners, among other factors.
Local school districts set to receive funding through the formula include:
- School District U-46: $18,981,920
- Schaumburg School District 54: $803,037
- Community Unit School District 300: $6,401,926
- Township High School District 211: $266,705
- Regional Safe Schools (Kane County Regional Office of Education): $2,827
The Fiscal Year 2025 budget invested $350 million in new funding into students’ success through the evidence-based funding model.
For more information on the FY 25 evidence-based funding distribution, visit the Illinois State Board of Education’s website.
