CHICAGO — State Senator Mattie Hunter announced that Chicago Public Schools will receive over $25 million in additional funding to help address the financial challenges of recent years.

“Our students deserve the best education with access to quality materials and support,” said Hunter (D-Chicago). “This investment is a step forward in creating equitable learning environments where every child in Chicago and throughout the state can succeed.”

The funding comes from the 2017 Illinois Senate Democrat-backed evidence-based funding formula — an overhaul of the way the state funds K-12 education. The law made school funding more equitable by calculating the needs of individual school districts and basing its state revenue on those needs. The formula takes into account a district’s total enrollment, poverty rate and number of special education or English language learners, among other factors.

Chicago Public School District 299 is set to receive $25,800,109 through the formula. The Fiscal Year 2025 budget invested $350 million in new funding into students’ success through the evidence-based funding model.

For more information on the FY 25 evidence-based funding distribution, visit the Illinois State Board of Education’s website.