CHICAGO — Hundreds of Illinois school districts are awaiting their share of $87 million in funding mistakenly allocated to Chicago Public Schools, which has been asked to reimburse the state for the overpayment.
A total of 769 school districts are slated to be reimbursed for the shortfall, which officials with the Illinois State Board of Education attributed to a coding error dating back to the launch of Evidence-Based Funding for Student Success Act, which was signed into law by former Gov. Bruce Rauner in August 2017.
The new evidence-based funding changes the way school districts receive the bulk of state funds, sending more resources to Illinois’ most under-resourced students, “ensuring all schools have the resources they need to provide a safe, rigorous, and well-rounded learning environment for all students,” according to ISBE.