Dossier
evidence-based funding formula
Coverage of evidence-based funding formula in the Nexus archive.
- Here’s how much education funding is in Illinois’ FY27 state budget
Illinois’ FY27 state budget allocates $9.2 billion for K-12 schools via an evidence-based funding formula, a $350 million increase from last year, but education advocates argue the state remains off track to fully fund schools by 2027. Chicago Public Schools faces a $732 million deficit and potential staff cuts, intensifying calls for additional state support.