Amends the School Boards Article of the School Code. In provisions concerning the school report card, provides that a school district's expenditure of Base Funding Minimum and Evidence-Based Funding received from the State in the level of specificity required by the annual spending plans required by the Evidence-Based Funding provisions. In provisions concerning Evidence-Based funding, provides that Organizational Units shall also indicate in their submission of annual spending plans which stakeholder groups the Organizational Unit engaged with to inform annual spending plans. Provides that annual spending plans shall be integrated in annual school district budgets completed pursuant to specified provisions.
Senate Floor Amendment No. 1: Replaces everything after the enacting clause. Reinserts the contents of the introduced bill with the following changes. Removes the provisions concerning school report cards. In the provisions concerning the evidence-based funding formula, provides that organizational units that do not submit a budget to the State Board of Education shall be provided with a separate planning template developed by the State Board of Education. Provides that the State Board of Education shall create an evidence-based funding spending plan tool to make annual evidence-based funding spending plan data for each organizational unit available on the State Board's website no later than December 31, 2025, with annual updates thereafter. Provides that the tool shall allow for the selection and review of each organizational unit's planned use of evidence-based funding. Corrects grammatical errors.

Statutes affected:
Introduced: 105 ILCS 5/10, 105 ILCS 5/18
Engrossed: 105 ILCS 5/10, 105 ILCS 5/18
Enrolled: 105 ILCS 5/18
Public Act: 105 ILCS 5/18