School Funding — Venice, Illinois

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School Funding — FY2026i

Illinois uses Evidence-Based Funding to determine whether your school districts have enough money. Here's where they stand.

What is Evidence-Based Funding?

Illinois' Evidence-Based Funding (EBF) formula, enacted in 2017, calculates an Adequacy Target for each district — the estimated cost to provide an adequate education. It then compares each district's available resources to that target.

Districts are assigned to Tiers 1-4 based on their percentage of adequacy. Tier 1 districts (most underfunded) receive the largest share of new state funding.

Tier 1: Below 60% of adequacy

Tier 2: 60% to below 90% of adequacy

Tier 3: 90% to below 100% of adequacy

Tier 4: At or above 100% of adequacy

Source: ISBE Evidence-Based Funding

Avg % of Adequacyi

74.1%

Adequacy Gapi

$24.2M

Funding vs. Needi

GRANITE CITY C U SCHOOL DIST 975.06%

$65.0M funded$86.6M target

MADISON COMM UNIT SCH DIST 1274.07%

$7.4M funded$9.9M target

VENICE COMM UNIT SCHOOL DIST 32.57%

$2.9M funded$1.1M target

District Detail

GRANITE CITY C U SCHOOL DIST 9Tier 2

75.06% funded$21.6M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $86.6M to adequately educate all students in this district. The district currently has $65.0M in resources — that's 75.06% of what it needs. There's a $21.6M gap between what the district has and what it needs.

What it needsi

$86.6M

What it hasi

$65.0M

From the statei

$31.0M

This district is better funded than 30% of districts statewide.

MADISON COMM UNIT SCH DIST 12Tier 2

74.07% funded$2.6M gap

60-90% of adequacy — receives moderate new state funding

The state estimates it costs $9.9M to adequately educate all students in this district. The district currently has $7.4M in resources — that's 74.07% of what it needs. There's a $2.6M gap between what the district has and what it needs.

What it needsi

$9.9M

What it hasi

$7.4M

From the statei

$5.0M

This district is better funded than 26% of districts statewide.

VENICE COMM UNIT SCHOOL DIST 3Tier 1

2.57% funded

Below 60% of adequacy — receives the largest share of new state funding

The state estimates it costs $1.1M to adequately educate all students in this district. The district currently has $2.9M in resources — that's 2.57% of what it needs. This district meets or exceeds its funding target.

What it needsi

$1.1M

What it hasi

$2.9M

From the statei

$661K

This district is better funded than 1% of districts statewide.

Statewide Tier Distributioni

Tier 1: 36 (yours)

Tier 2: 579 (yours)

Tier 3: 96

Tier 4: 221