The District 233 school board voted Tuesday, Feb. 15, to reduce property taxes by $1.75 million in exchange for receiving $1.7 million in additional state funding.
This is the third time the state has made the funding available to Homewood-Flossmoor High School, with the stipulation that it abate taxes over two years. The money was not available in fiscal 2020-21, according to Lawrence Cook, chief school business official.
Illinois has shifted its school funding formula to try and give funding equity between districts that have great property wealth and those that do not. The evidence-based . . .
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