"Investing in Illinois' Students: An Analysis of Evidence-Based Funding and the Path to Equity, Student Success, and Long-Term COVID-19 Recovery" shares new analyses on the impact of EBF on K-12 education resource equity and remaining gaps between current funding levels and full, adequate funding. The data are striking and underscore the need for the state to honor the commitment it made in the EBF legislation to invest at least $350 million in our schools through the new formula each year. This investment is critical to support long-term school improvement and close longstanding funding disparities, even as significant federal funds are needed to enable schools to respond to the varied and serious implications of COVID-19.