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Debate continues over IL school funding formula bill

Debate continues over IL school funding formula bill

The $36 billion fiscal 2018 state budget the legislature enacted earlier this month over Rauner's veto prohibits the flow of state money to schools in the absence of an evidence-based funding model.

"Governor Rauner's stunt won't pass legal muster, and instead jeopardizes the opening for dozens of school districts around the state", CPS spokeswoman Emily Bittner said in a statement.

Chicago's school communities continue to confront unsafe funding shortfalls, an ongoing threat from Governor Rauner to "amendatorily" veto SB1 - and the refusal of Mayor Emanuel to address CPS' fiscal chaos with a short-term infusion of responsible city revenue streams instead of costly borrowing schemes.

"We're going to make sure schools open and we're going to make sure that it's done on a basis that's fair for taxpayers across the state", the governor says. "That's the only way this is going to get solved, and I think it's time that the governor take that approach", Manar says.

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Rauner will be in Rockford to discuss funding reform later on today.

Rauner held a press conference Monday to "demand, not request" the bill be sent to his desk so that he can change it as he sees fit.

"Why are they sitting on that bill?"

That, plus the $505.8 million reduction in the bill's assessment of Chicago's local fundraising capabilities based on its unfunded pension liability, is what Rauner said led to his decision to issue an amendatory veto. Unlike all other IL public school districts, which participate in a state-subsidized teachers' retirement system, CPS has its own pension fund, which receives minimal funding from the state. "There are 268 districts that get more money per pupil than Chicago in this formula", said state Sen. His office posted a comparison chart online, but the numbers don't match official spreadsheets published by the state board of education. "The current state funding model Round Lake has lost over $18 million from 2012-2016", said Constance Collins, superintendent of the Round Lake Area School District 116. It has earned IL the dubious distinction of being the most inequitable in the nation. Rauner accused Democratic legislative leaders of holding on to the bill to force a crisis.


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