Bill Summary: SB2413 - Appropriations for Fiscal Year 2012

• Appropriates $23.7 billion from multiple funds to the Illinois State Board of Education for fiscal year beginning July 1, 2012, including $3.9 billion for General State Aid from the Common School Fund and $390.7 million from the Education Assistance Fund.

• Allocates $1.8 billion from the General Revenue Fund for specialized education programs including $440.2 million for disabled student personnel reimbursement, $314.2 million for special education funding, and $205.8 million for student transportation.

• Provides $2.7 billion in federal education funding from the State Board of Education Federal Department of Education Fund for Title I, IDEA special education, vocational education, and other federal grant programs.

• Appropriates $160.1 million in American Recovery and Reinvestment Act (stimulus) funds for Title I and longitudinal data systems.

• Establishes smaller appropriations to the Illinois Community College Board ($500,000), Illinois Educational Labor Relations Board ($1.04 million), and State Charter School Commission ($300,000), with an effective date of July 1, 2012.