SB3882 Summary

• Appropriates $17.383 billion total to the Illinois State Board of Education for fiscal year beginning July 1, 2024, consisting of $10.814 billion in General Funds, $105.689 million in Other State Funds, and $6.464 billion in Federal Funds.

• Allocates $8.629 billion for Evidence-Based Funding distributed across multiple state funds (Education Assistance Fund, Common School Fund, General Revenue Fund, and Fund for the Advancement of Education).

• Funds major education programs including $748.138 million for Early Childhood Education, $45 million for Teacher Vacancy Pilot Program, and $40 million for Student Assessments with Bilingual components.

• Appropriates $2.931 billion in federal funds for programs including Title I ($1.2 billion), Child Nutrition ($1.25 billion), IDEA special education, and various mental health and health services.

• Provides $6.979 billion for Teachers' Retirement System contributions, including state contributions to teacher pension and health insurance funds, with $338.683 million for Chicago Public School Teachers' Pension fund.