What percent of the Illinois budget goes to education?
In Illinois in fiscal year 2015, 47.6 percent of total tax revenues came from sales taxes and gross receipts. Income taxes accounted for 44.1 percent of total state tax collections. Education accounted for 17.4 percent of state expenditures in fiscal year 2015, while 27.1 percent went to Medicaid.
What is the new education bill in Illinois?
One bill would require all Illinois schools to post textbooks and learning materials online for parental review. Another would require libraries to provide full lists of books if asked, and a third would give parents and students the power to formally oppose a unit of study they find objectionable.
How much does Illinois spend on education?
This year, the governor plans to increase the state’s education general fund by $498.1 million — a 5.4% increase — for an overall budget of $9.7 billion.
Where does Illinois get its revenue from?
As shown in Figure 1, the Federal Government is the largest single source of revenue for the State of Illinois, due in large part to programs such as Medicaid that are jointly funded between the state and federal government. Income tax and sales tax are also large parts of the state’s revenue stream.
How schools can cut costs?
Taking a fresh look at facilities management The U.S. Department of Energy estimates that schools can save between 25 and 50 percent on energy costs by turning off unused lights and equipment more consistently, switching to LED light bulbs, reducing thermostats outside of school hours, or closing off unused areas.
Which states spend the most on public education?
Public Education Spending by State New York schools spend the most on K-12 education per pupil. New Mexico spends the most on postsecondary education.
Is education a right in Illinois?
Constitution of the State of Illinois The State shall provide for an efficient system of high quality public educational institutions and services. Education in public schools through the secondary level shall be free. There may be such other free education as the General Assembly provides by law.
Will Illinois teachers get a raise in 2021?
To accomplish these goals, the BEA has proposed raises of 5.3% in 2020-21, 2.7% in 2021-22 and 4% in 2022-23 for a total increase of 12% over a three year contract. According to the Illinois State Report Card, BESD 53 teacher salaries are 26% below state average.
How much do Chicago public schools spend per student?
$15,201 per student
Finances at Chicago Public Schools Chicago Public Schools spends $15,201 per student each year. It has an annual revenue of $6,511,721,000. Overall, the district spends $9,641.0 million on instruction, $3,939.7 million on support services and $553.6 million on other expenses.