Evidence-Based Funding Des Plaines CCSD 62 February 19, 2019 - PDF document

2/15/19 Evidence-Based Funding Des Plaines CCSD 62 February 19, 2019 Introduction • The Evidence-Based Funding (EBF) formula performs calculations in three stages. • Stage 1: Determine the cost of educating all students, according to the defined cost factors. The result is the Adequacy Target for each district. • Stage 2: Measure district’s local resources for comparison to the adequacy target. • Stage 3: Distribute additional state funds to aid districts in meeting their adequacy target. 1

2/15/19 Comparison of Current Funding Funding to Districts under EBF Tier Funding Base Funding Minimum Evidence-Based Funding + = (New Money) (Total State Contribution) (Hold Harmless) In FY2019, District 62 will receive $8,048,394 in EBF 2

2/15/19 Base Funding Minimum (BFM) • EBF includes a hold harmless provision called the Base Funding Minimum • EBF consolidated and replaced five grants received in FY17 into the BFM • General State Aid (foundation & poverty) • English Learner Education • Special Ed. Personnel, Funding for Children, Summer School • BFM is recalculated each fiscal year to include additional funds received by each district (tier funding) FY2018 FY2019 FY2020 FY17 Distributions FY17 + FY18 tier money FY18 + FY19 tier money Tier Funding Tier % of Adequacy # of Districts % of New Funding Average tier funding per student Tier 1 < or = 65.6% 307 Receives 50% $ 282.75 Tier 2 >65.6% and <90% 348 Receives 49% $ 53.54 Tier 3 > or = 90% and <100% 58 Receives .9% $ 22.82 Tier 4 > or = 100% 140 Receives .1% $ 1.13 Des Plaines CCSD62 is in tier 4 with 111.8% adequacy. 3

2/15/19 Result of $2 Billion More in EBF EBF What to Expect • Will require the state to continue to add more funding to education • Most dollars funneled to districts that are tier 1 and tier 2 • District 62 received $6,700 in tier funding in FY2019 • About transparency not accountability! So far… 4

2/15/19 The End • Data sourced from the Illinois State Board of Education • Some material used from a presentation given at the Triple I Conference. (credit to Mike Jacoby, Eric Miller, and Ed Brophy) 5