Bill > HB1925

This bill creates the Education Prioritization Act, which establishes a new framework for funding public education in Illinois. Beginning with fiscal year 2026, the bill requires the General Assembly to appropriate funds for the state's evidence-based funding formula that meets specific criteria. Specifically, the appropriation must be equal to or exceed the previous year's funding plus 51% of new general funds available from estimated revenue growth. The bill ensures that state and federal spending represents no less than 51% of total revenues for elementary and secondary education programs. If the General Assembly fails to make sufficient appropriations, the act provides for a continuing appropriation to fully fund the evidence-based funding formula. Starting in fiscal year 2027, the Governor must include an allocation for elementary and secondary education in the annual budget that complies with the act's provisions. The bill also amends the School Code to require a more detailed system of accounting for revenues and expenditures at the individual school level, including tracking spending on administration, instruction, support services, and staff salaries. Additionally, the bill amends the State Mandates Act to specify that no state reimbursement is required for implementing the act's requirements. The legislation aims to provide a more consistent and equitable funding approach for public education in Illinois, with a focus on transparency and supporting schools with the greatest needs.

Education

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1925&GAID=18&DocTypeID=HB&SessionID=114&GA=104