JOLIET — State Senator Rachel Ventura announced that over a dozen school districts across the area will receive over $5.6 million in additional funding to help address the financial challenges of recent years.
“The evidence-based funding formula has continually invested in classrooms across the state and has a proven track record of helping schools that need it most,” said Ventura (D-Joliet). “Regardless of ZIP code or financial status, Illinois remains committed to providing the best high equality education for students.”
The funding comes from the 2017 Illinois Senate Democrat-backed evidence-based funding formula — an overhaul of the way the state funds K-12 education. The law made school funding more equitable by calculating the needs of individual school districts and basing its state revenue on those needs. The formula takes into account a district’s total enrollment, poverty rate and number of special education or English language learners, among other factors.
Local schools set to receive funding through the formula:
- Chaney-Monge School District 88: $296,991
- Channahon School District 17: $988
- Fairmont School District 89: $18,700
- Joliet School District 86: $3,364,435
- Joliet Township High school District 204: $1,068,982
- Laraway Community Consolidated School District 70C: $450
- Lockport School District 91: $12,654
- Lockport Township High school District 205: $137,328
- Taft School District 90: $76,390
- Valley View Community Unit School District 365U: $925,730
- Will County Safe School: $901
- Will County School District 92: $1,245
- Woodridge School District 68: $55,832
The Fiscal Year 25 budget invested $350 million in new funding into students’ success through the evidence-based funding model.
For more information on the FY 25 evidence-based funding distribution, visit the Illinois State Board of Education’s website.
