SPRINGFIELD, Ill. – Recent bipartisan legislation supported by State Rep. Linda Chapa LaVia, D-Aurora, reforms Illinois’ unfair funding formula and allows local parents to have greater control over how their tax dollars are spent on schools.
“This plan paves the way for local parents to realize property tax relief because it lifts the burden off of them, requiring the state to pay more for our schools,” said Chapa LaVia. “I hear it every day at the doors that people want property tax relief. This is a first step toward that.”
Chapa LaVia’s Senate Bill 1947 reforms the way schools are funded to provide fair and equitable funding for all schools in Illinois and eliminates winners and losers by ensuring that no school loses money. Adequate state funding for education is a critical step toward property tax relief. Chapa LaVia’s compromise legislation also provides many homeowners with the ability to cut their property taxes by up to 10 percent through a citizen-initiated referendum, while ensuring schools remain fully funded.
“I could not refuse a plan that fixes Illinois’ broken education funding formula, initiates property tax relief and rejects the governor’s status quo agenda,” said Chapa LaVia. “I worked with Democrats and Republicans to finally reform the way Illinois helps our schools and students. While there are aspects of the bill I disagree with, this compromise effort was years in the making and will have a profound impact on our local students.”