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Showing latest fiscal year. Full funding history available with a paid plan. View plans →

School Funding — FY2026i

Source

Illinois uses Evidence-Based Funding to determine whether Meridian CUSD 223 has enough money. Here's where it stands. 60-90% of adequacy — receives moderate new state funding.

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

% of Adequacyi

80.7%

Adequacy Gapi

$4.0M

Funding vs. Needi

MERIDIAN C U SCH DIST 22380.71%
$16.5M funded$20.5M target

District Detail

MERIDIAN C U SCH DIST 223Tier 2
80.71% funded$4.0M gap

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

The state estimates it costs $20.5M to adequately educate all students in this district. The district currently has $16.5M in resources — that's 80.71% of what it needs. There's a $4.0M gap between what the district has and what it needs.

What it needsi

$20.5M

What it hasi

$16.5M

From the statei

$6.9M

This district is better funded than 52% of districts statewide.

Statewide Tier Distributioni

Tier 1: 36
Tier 2: 579 (yours)
Tier 3: 96
Tier 4: 221