Top gains, losses for schools with tax rollback

SPRINGFIELD, Ill. (AP) - Senate Democrats have released a document showing the projected effect on each of Illinois’ 860 school districts should lawmakers not extend the temporary tax increase. Most schools would be subject to major funding cuts, while a few would see increases.

But some districts will actually see funding boosts despite the tax rollback, due to the state’s complicated funding formula. The boosts occur mainly in the increasingly populous, property-rich suburbs, where property values are declining and enrollment totals are rising, according to the State Board of Education.

Here is the list of the top projected funding gainers and losers, according to the document.

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Projected to lose funding:

Chicago Public Schools -$173.8 million

Cicero Schools -$9.6 million

Aurora East Unit District -$8.2 million

East St. Louis School District -$8.1 million

Peoria Schools -$5.4 million

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Projected to gain funding:

Carpentersville Community Unit District $6.4 million

Wauconda Community Unit District $2.4 million

Indian Prairie Unit District $2.3 million

Huntley Community Unit District $2.1 million

Yorkville Community Unit District $2 million

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Online:

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