THE FOLLOWING RELEASE IS FROM STATE SENATOR PAUL FARACI’S OFFICE
CHAMPAIGN – State Senator Paul Faraci announced that school districts across the area will receive over $4 million in additional funding to help address the financial challenges of recent years.
“Our commitment to using the evidence-based funding formula ensures the schools in our district receive the resources they need to provide every student with the education they deserve,” said Faraci (D-Champaign). “By prioritizing data-driven approaches, we’re taking a significant step forward in providing equitable, high-quality education to every child in our community.”
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:
· Champaign Unit 4 School District: $197,185
· Alternative and Safe Schools (Champaign-Ford Regional Office of Education): $72,520
· Danville School District 118: $413,275
· Oakwood School District 76: $66,811
· Prairieview-Ogden School District 197: $4,577
· Rantoul City School District 137: $725,114
· Rantoul Township High School District 193: $677,602
· Thomasboro School District 130: $15,001
· University Laboratory High School: $174,626
· Urbana School District 116: $1,323,975
· Alternative and Safe Schools (Vermilion Regional Office of Education): $24,705
· Westville School District 2: $390,577
The Fiscal Year 2025 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.
