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FY2023 Evidence-Based Funding Calculations are Now Available

By Michael Jacoby posted 08-08-2022 10:59

  

Evidence-Based Funding Calculations for FY2023 are Available

The fiscal year 2023 Evidence-Based Funding (EBF) calculations are now complete, and the first of the 22 payments will be released on August 10. The following resources are now available on the ISBE website:
Please note that ISBE created the FY 2023/FY 2022 Comparative Analysis User Tool as a resource for districts to understand the data drivers that ultimately determine tier assignment and calculated tier funding. We encourage all district administrators to use this tool to gain a better understanding of how calculation data impacts final calculation results from year to year.

FY 2023 Student Population Allocation Reports will be available in the coming weeks for utilization in the preparation of your FY 2023 Spending Plans. Supplemental resources will be available in the coming weeks and will be announced in the ISBE Weekly Message.

If you have questions about the calculations, please contact 217-782-0249 or email ISBE at sff@isbe.net.


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