Contact: Jose Cerda III, 312-629-0060
CHICAGO, IL — A study by nonprofit IFF — Raising Quality, Promoting Equity: An Analysis of Location, Performance, and Investment in Illinois Public Schools — found that, during the 2013-2014 school year, only 12 percent of Illinois’ K-12 students had access to a public school in which all or nearly all students were prepared to read, write, and do math at grade level— a threshold consistent with the Illinois State Board of Education’s goal of achieving 90 percent proficiency in reading and math by 2032. That leaves an estimated 1.6 million of the state’s K-12 students without access to a high-performing public school.
Raising Quality, Promoting Equity maps the substantial need for high-performing public schools across the state and provides essential data on both the adequacy and equity of school funding levels, as well as on the effectiveness of district spending on student achievement. Its findings strongly reinforce the state’s recent adoption of an evidence-based funding formula to ensure that all schools have sufficient funds to provide a quality education and recommend a more holistic approach to school improvement.
“The real power of this report is in the community-level data and framework for action – this information can help education stakeholders be more strategic,” said IFF CEO Joe Neri. “School improvement should not be simply about more accountability or more funding. It should be about providing schools with adequate funds, based on their documented needs, and then holding schools and school districts accountable for results over time— both in terms of their academic performance and in how effective their spending is in delivering that performance.”
Other findings from the study’s needs assessment include:
Additionally, the study analyzed the adequacy and equity of school funding throughout the state and calculated each school district’s return on investment (ROI) to determine how effective a district’s expenditures were in delivering math and reading proficiency, two of the foundational elements of a quality education. Here, the study found:
Accompanying the report is an online tool that allows education stakeholders to compare the academic performance of schools and school districts; the funding adequacy and ROI of school districts; and the need for high-performing schools across the state. All maps and data can be found at iff.org/ILSchoolStudy, and an initial discussion on the report’s findings is scheduled for September 18th at the Union League Club of Chicago. For more information, please call IFF at 312-629-0060.
Raising Quality, Promoting Equity was guided by an advisory committee that included representatives from the offices of the Governor and Lieutenant Governor of Illinois, the Illinois State Board of Education, Advance Illinois, the Archdiocese of Chicago, the Illinois Network of Charter Schools, New Schools for Chicago, Stand for Children, Thornton Fractional High School District 215, and Williamsfield Community Unit School District 210. It is one of a dozen place-based needs assessments that IFF has done nationally over the past 15 years and was conducted with financial support from the Joyce Foundation and the Walton Family Foundation.
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About IFF: IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive by creating opportunities for low-income populations and individuals with disabilities. From child care to senior housing, IFF works closely with clients from every sector, offering affordable, flexible financing; full-scale real estate consulting; and community development services. Since 1988, we have made more than $700 million in loans, leveraged $2.3 billion in community investments, and renovated or constructed more than 3.1 million square feet of nonprofit and affordable housing spaces.