School districts in Illinois would open in time in the fall under legislation co-sponsored by State Sen. Pamela Althoff (R-McHenry). Senate Bill 3434 would fully fund K-12 education, something that hasn’t occurred in seven years, while also ensuring no school district loses money through a hold harmless provision.
“We must give certainty that educating our students is the top priority,” Althoff said. “This legislation allows school districts to put a plan in place for the upcoming school year and ensures that they don’t lose a penny.”
SB 3434 would fully fund every student under the current foundation level and end the practice of proration. The legislation ensures every school district will not lose money next school year, compared to what they received during their 2015-2016 school year.
“For years, school districts have been the victims of proration, receiving as low at 87% of what was owed to them,” Althoff said. “We can’t continue down that road. Proration is detrimental to our districts, teachers, staff, and students. We can’t continue to break our promises.”
This legislation increases state funding for K-12 education by $226 million which includes an additional $75 million for Early Childhood Education, bringing the program to a historic funding level.
Sen. Althoff is urging swift passage before the new fiscal year begins July 1.