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

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

Apr 24, 2023 479 likes •540 views

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

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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.

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Comparison of Current Funding Funding to Districts under EBF

+ =

Base Funding Minimum (Hold Harmless) Tier Funding (New Money) Evidence-Based Funding (Total State Contribution)

In FY2019, District 62 will receive $8,048,394 in EBF

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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.

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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…
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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)