032013 js 0172SPRINGFIELD – School districts throughout the southwest suburbs and the state, ignored by Illinois’ worst-in-the nation education funding formula, could soon see an increase in state aid under a reform measure that passed the Illinois General Assembly last week.

“I was proud to stand in support of Senate Bill 1, a measure that will fix the worst funding formula in our country. We needed a real solution that not only properly funded our schools but also delivered property tax relief to high-tax districts—and we have done that with this legislation,” said State Senator Bill Cunningham.

Senate Bill 1 was vetted by multiple organizations throughout the state. It had the support of superintendents, school boards and teachers. If signed by the governor, it would be the first significant update to the funding formula in more than 20 years.

Earlier this week, the Illinois State Board of Education released estimates for each school district and showed that no school district in the state would see less state funding under Senate Bill 1 when compared to the current funding formula.

It also provided extra support for those in need and offered additional property tax relief.

The estimated overall gain that area school districts would experience under Senate Bill 1 based on the current-year funding levels:

  • Chicago Ridge School District 127-5 -- $880,000
  • Community High School District 218 -- $409,448
  • Cons High School District 230 -- $209,950
  • North Palos School District 117 -- $315,924
  • Oak Lawn Community HS District 229 -- $135,174
  • Oak Lawn-Hometown School District 123 -- $146,644
  • Worth School District 127 -- $193,129

In addition, Senate Bill 1, high-tax school districts would be eligible for property tax relief up to 1 percent of their EAV. Estimated relief for five area school districts:

  • Chicago Ridge School District 127-5 -- $573,844
  • Community High School District 218 -- $6.62 million
  • North Palos School District 117-- $4.01 million
  • Oak Lawn Community HS District 229 -- $2.51 million
  • Worth School District 127 -- $1.11 million

Senator Cunningham represents portions of Worth, Orland and Palos Townships in the southwest suburbs and the neighborhoods of Mt. Greenwood, Beverly, Morgan Park and Auburn-Gresham in Chicago.

Category: Press Releases

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