The publications listed below are those which are currently available on the Internet concerning School Finance. Check back often, as more documents will be added.
The following reports are available via ISBE's Cerberus FTP Server. Click the link, enter "finread" in the username, and then click "Sign-in". This application does not require a password.
Section 17-11 of the School Code requires the school board of each district to ascertain, as near as practicable, annually, how much money must be raised by special tax for transportation purposes if any, for educational purposes and for operations and maintenance purposes for the next ensuing year. These amounts must be certified and filed with the County Clerk on or before the last Tuesday in December annually. The Certificate of Tax Levy form may be used to meet the requirement of this section.
Section 2-3.145 mandates that the Illinois State Board of Education (ISBE) submit to the General Assembly and the Governor an annual report that designates school districts’ special education expenditures, receipts, and net special education expenditures. The receipts are to be specified as local, state, and federal. The calculation utilizes data ISBE receives on school districts’ Annual Financial Reports and Pupil Transportation Claims and from the Student Information System Data Warehouse (previously known as the Fall Housing Report) and the IEP-Student Tracking and Reporting (I-Star) system.
Section 5-60 of the School Construction Law requires the Illinois State Board of Education and the Capital Development Board to file a comprehensive assessment report of the capital needs of all school districts with the General Assembly the General Assembly every two years. The next survey will begin during the summer of 2026.
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