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Download full textMcKillip, Mary; Farrie, Danielle – Education Law Center, 2022
The Illinois Evidence-Based Funding for Student Success Act (EBF), a comprehensive overhaul of the state's school funding formula, was signed into law in August 2017. The Act requires an overall increase of more than $7 billion in state education aid and sets 2027 as the deadline to reach full funding of the EBF formula. The Act also sets $350…
Descriptors: School Funds, Educational Finance, Funding Formulas, State Legislation
Farrie, Danielle; Luhm, Theresa; Johnson, Monete – Education Law Center, 2015
The objective of this policy brief is to explain the purpose of adjustment aid in New Jersey's school funding formula and to correct several misconceptions about the level of aid and how it is distributed. The main conclusions include: (1) The amount of adjustment aid in the funding formula is currently overstated in the "informational"…
Descriptors: Funding Formulas, Educational Finance, Misconceptions, Resource Allocation
