This paper (1) provides background on types of State aid to education and describes how they work, (2) discusses the existing expenditure structure in Illinois, (3) describes and analyzes the fixed foundation (Strayer-Haig), variable foundation, percentage equalization, and resource equalizer formulae used for equalization aid in the United…

A 1973 Illinois school finance reform program initiated a guaranteed tax yield system that can also be considered a district power equalization system. This paper evaluates this reform according to four criteria: permissable variance, fiscal neutrality, reward for effort, and aid to urban areas. Emphasis is given to a discussion of legal and…

Growing frustration with educational finance in Illinois prompted school districts to file, in 1990, a lawsuit that demands adequate funding, equitable distribution of funds, and increased economic efficiency in public education. This document includes a description of events leading up to the suit. Early attempts to improve educational equity…

School districts in Illinois are supported by revenues received primarily from local property taxes. Since the amount of local funds generated to support schools are affected by differences in property wealth, and property wealth is inequitably distributed, the funds available to provide an education to each student are also inequitably…

Problems associated with state support for community colleges are discussed with particular emphasis on situations where local college districts are responsible for providing a portion of total institutional revenue. Three of these problems, relating to the equity and efficiency of how state aid is distributed, are: (1) the integration of direct…