New Report Identifies Scenarios to Fully Fund the EBF

SPRINGFIELD - Today, the Center for Tax and Budget Accountability (CTBA) released a report, Fully Funding the Evidence-Based Formula: Four Scenarios, which shows that, even if Illinois annually increases school funding up to the full $350 million minimum established under the Evidence-Based Funding for Student Success Act, or EBF, it would take over 30 years to fund all schools to the levels which the evidence indicates is needed, on a fully inflation-adjusted basis.