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How Illinois Compares Nationally 5 th largest population (1) 5 th highest personal income (1) 27 th largest GNP in the World (ahead of Sweden, Belgium,

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Presentation on theme: "How Illinois Compares Nationally 5 th largest population (1) 5 th highest personal income (1) 27 th largest GNP in the World (ahead of Sweden, Belgium,"— Presentation transcript:

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2 How Illinois Compares Nationally 5 th largest population (1) 5 th highest personal income (1) 27 th largest GNP in the World (ahead of Sweden, Belgium, Greece and Saudi Arabia, for example) 12 th highest personal income per student (1) 48 th in combined state and local tax burden (2) 41 st in education spending per $1000 in personal income (1) Source: "Condition of Public Education 2003," Illinois State Board of Education, December 2003 (2) Source: “Federation of Tax Administrators”

3 So What’s the Problem? Nationally… Illinois ranks 5 th in personal income. Illinois ranks 48 th in total tax burden. The result: Illinois is a wealthy state AND a low taxed state. (1) Source: “Condition of Public Education 2003,” Illinois State Board of Education, December 2003

4 The Illinois Structural Deficit (How Revenue Growth will not Keep Pace with the Cost of Current Services) © 2007, Center for Tax and Budget Accountability

5 Required Pension Payments for All Retirement Systems: FY 2006 – FY 2045 © 2007, Center for Tax and Budget Accountability

6 Illinois Over-relies on Local Taxpayers 3rd in local share of tax revenue for schools 49th in state share of tax revenue for schools Source: NEA Rankings and Estimates – November 2006

7 Formula for Inequality P er Pupil Education Spending Gap State's Highest District: $28,285 (1) State’s Lowest District: $4,281 (1) Illinois has the 2 nd largest spending gap in the nation (2) (1) Source: Illinois State Board of Education “Statistics ” (2) Source: Education Trust Inc./Education Watch Illinois Fall th

8 Disparity in Resources Per Pupil Equalized Assessed Valuation (total of all property values divided by number of pupils in district): From a low of $10,920 To a high of $1,885,586 Poor areas often pay higher tax rates and generate less funding Source: Illinois State Board of Education “Financial Statistics ”

9 Lake Forest #115E St. Louis #189 EAV $1,504,040 $10,920 Tax Rate $1.05/$100 $7.55/$100 Instructional Expend/PP $ 8,831 $ 5,401 Operational Expend/PP $ 15,365 $ 9,523 *Source: Illinois State Board of Education “Financial Statistics ” A Tale of 2 Schools

10 Lake Park EAV $724,007 Tax Rate $1.85/$100 Instructional Expend/PP $ 7,063 Operational Expend/PP $ 14,454 *Source: Illinois State Board of Education “Financial Statistics ” Where Lake Park Fits In

11 Invest in Excellence IEA Mission To effect excellence and equity in Illinois public education and to effectively advocate for our members

12 Invest in Excellence Principles  Provide adequate resources to all preK-12 public schools.  Provide adequate resources to all public higher education institutions.  Provide a long-term solution for pension system stability and funding.  Do no harm to any public education entity.  Incorporate positive components resulting in increased student achievement.

13 Our future is determined by our actions… As a result of a successful campaign in the general assembly... Will more money be directed toward all schools? Will tax revenues increase? Will the reliance to fund schools through local taxes be reduced? Will there be opposition to this direction of positive change? YES. It is time to begin the active process of helping our state regain its fiscal stability. More importantly, it is time to advocate for a “fair and equitable” education for all the children of Illinois.

14 What Illinois’ Public School Students Deserve Raise foundation level to EFAB Recommended Level of $6,675 per pupil. $2 billion (current state budget is $54 billion) Additional Special Education Funding $500 million

15 Invest in Families - Blagojevich Expansion of the Sales Tax - services Increase of the State Income Tax - businesses Selling State Assets - lottery

16 What we can do! Visit to better inform yourself about the Invest in Excellence Initiative.www.ieanea.org your legislator through the IEA website…it only takes a couple of clicks! Spread the word about the importance of equality in educational funding! Take part in the Capitol Action Day on May 2 nd.


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