The Illinois State Board of Education is analyzing a proposal to transform the state’s school funding formula.
At the board’s meeting yesterday, Superintendent Tony Smith called the current formula “fundamentally flawed,” but acknowledged that changing it would be difficult.
"I mean, there’s some significant issues in the state about what you can touch and what you can’t, and so I think it will be interesting to see how that bill does get considered, because it’s also very political, as we know,” Smith said.
The state’s formula now relies heavily on property taxes.
Past attempts to change it have resulted in wealthier districts complaining that they shouldn’t have to lose funds to help other schools.
