A legislative proposal that would rewrite the way education dollars are distributed in Illinois threatens the financial stability of suburban schools, including District 54.
The Illinois Senate passed Senate Bill 16 this spring, legislation that would dramatically reduce state funding to District 54 by redistributing general state aid to districts in other communities. While taxes in Schaumburg Township would not be reduced, District 54 would lose an estimated $12.5 million annually or about $1,000 per student. This would represent the largest loss to any school district in Illinois, and a decline of 79.5 percent in the amount of funds we receive from the state of Illinois. If Senate Bill 16 were to become law, it would greatly impact our ability to provide a quality education to our students.
When the Illinois General Assembly reconvenes in November, Senate Bill 16 is one of the bills expected to be discussed in the House. As taxpayers and parents, we want you to be informed and aware of the financial impact on our schools. To that end, I am attaching invitations to two upcoming forums regarding Senate Bill 16.
- At 6:30 pm on Tuesday, Oct. 21, State Sen. Matt Murphy and Reps. David Harris and Tom Morrison will host a legislative forum on Senate Bill 16 at the Metropolis Performing Arts Center in Arlington Heights.
- At 7:00 pm on Thursday, Oct. 30, Districts 54, 211 and 15 will hold a public forum at Schaumburg High School. At this forum, district representatives will share specific information about how Senate Bill 16 will impact our school