Presents a proposal to achieve major finance reform goals by providing property tax relief and increasing state funding out of income-tax receipts, relying on Illinois' growth dividend. The plan is funded by proportional taxes and would make school reform more politically palatable to affluent taxpayers. (28 footnotes) (MLH)

An essential prerequisite to reform of present methods of financing elementary and secondary schools and the development of an equitable, adequate, and workable system of school finance is a precise understanding of how the existing system works and its impact on different school districts and population groups. This report documents the existing…

This report presents an analysis of Illinois' present educational finance system and makes recommendations for future legislation to improve the system. The report discusses (1) State constitutional provisions, (2) the present tax structure and alternative taxing methods, (3) proposed distribution formulas and equalization methods, (4) financing…