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91_SB0200
LRB9100860NTsb
1 AN ACT relating to elementary and secondary education
2 funding.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 1. Short title. This Act may be cited as the
6 Fund Education First Act.
7 Section 5. Educational appropriations. Beginning with
8 fiscal year 2000 and in each fiscal year thereafter, subject
9 to the provisions of Section 10 of this Act, the General
10 Assembly shall appropriate for elementary and secondary
11 educational programs an amount that is equal to or exceeds
12 the sum of: (i) the total amount appropriated from general
13 funds revenues for elementary and secondary educational
14 programs during the fiscal year immediately preceding the
15 fiscal year for which the appropriation is being made; and
16 (ii) 50% of the growth in general funds revenues for the
17 fiscal year for which the appropriation is being made, when
18 comparing the general funds revenues estimated to be
19 available for that fiscal year with the general funds
20 revenues available for the immediately preceding fiscal year,
21 as determined by the Bureau of the Budget.
22 Section 10. Continued minimum funding level. Funding
23 for elementary and secondary educational programs shall
24 continue to be appropriated from general funds revenues
25 pursuant to the formula established in Section 5 until the
26 amount appropriated from general funds revenues for
27 elementary and secondary educational programs for a fiscal
28 year represents one-half of the total revenues available from
29 local, State, and federal sources for elementary and
30 secondary educational programs for that same fiscal year, as
-2- LRB9100860NTsb
1 estimated by the State Superintendent of Education. In each
2 subsequent fiscal year, the amount appropriated from general
3 funds revenues for elementary and secondary educational
4 programs shall be not less than the greater of the following
5 amounts: (i) the amount appropriated from general funds
6 revenues for those purposes during the first fiscal year
7 after the effective date of this Act when the amount so
8 appropriated represents at least one-half of the total
9 revenues available from local, State, and federal sources for
10 elementary and secondary educational programs for that same
11 fiscal year, or (ii) an amount that represents not less than
12 one-half of the total revenues available from local, State,
13 and federal sources for elementary and secondary educational
14 programs for that subsequent fiscal year, as estimated by the
15 State Superintendent of Education.
16 Section 15. Governor's budget. Beginning with fiscal
17 year 2001 and in each fiscal year thereafter, the Governor
18 shall include in his annual budget an allocation for
19 elementary and secondary education that conforms to the
20 provisions of this Act.
21 Section 99. Effective date. This Act takes effect upon
22 becoming law.