ERIC Number: ED365003
Record Type: RIE
Publication Date: 1993-Mar
Reference Count: N/A
State, Local, and Federal Financing for Illinois Public Schools, 1992-93.
Illinois State Board of Education, Springfield.
This publication provides information on the sources and amounts of funds available for prekindergarten to postsecondary education in Illinois common schools during the 1992-93 school year. Information is provided on the sources and uses of state revenues, sources of local revenues, school-reform legislation, and legislation that affects the financial management of schools. Tax-rate limitations, interfund transfers, short- and long-term borrowing, and information on the required recording of district revenues and expenditures are included. State programs and their funding are described in the first chapter. Chapter 2 highlights federal programs and their funding. The third chapter summarizes recent state legislation that primarily affects instructional programs, school-district accounting practices, and other financial issues. Chapter 4 covers school-district reorganization alternatives and activities. Topics related to school-finance practices are examined in chapter 5. Chapter 6 describes the activities of the Illinois Financial Accounting Committee, a report by the Task Force on School Finance, and efforts dealing with financially troubled school districts. Ten tables and seven figures are included. Appendices contain a glossary, bibliography, graphs of general state aid distribution, and representative forms and worksheets. (LMI)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Illinois State Board of Education, Springfield.