Minutes:   January 31, 2002

Education Funding Advisory Board
Minutes of Meeting
V-Tel and Conference Call
(V-Tel ISBE Office in Chicago and Springfield)

The meeting was called to order by Chairman Leininger at 3:00 p.m.

After the roll call of the members present, Chairman Leininger asked Bill Hinrichs to discuss the different alternatives and options in utilizing the Department of Human Services count that EFAB requested at the January 9, 2002 meeting.

A lengthy discussion with the members followed and many options were discussed. It was the consensus of the members that the following motion be considered.

Motion:

• Use the Department of Human Services (DHS) Count as the Poverty Count.
• The formula for concentrations less than or equal to 15% will be $355 multiplied by the DHS count.
• The formula for concentrations above 15% will be $294.25 plus $2,700 multiplied by the square of the district concentration. That amount is then multiplied by the DHS count.
• All poverty grant calculated increases will be limited to 20% for FY 2003.
• No district will receive less funding in FY 2003 than it received for poverty purposes in FY 2002.
• Each district accessing these funds must provide assurances that money be spent for poverty related purposes.
  
  

Bert Docter moved the motion be approved - Anne Davis seconded the motion. Bert Docter, Dean Clark, Anne Davis, Marleis Trover and Bob Leininger all voted to approve the motion.

Bill Hinrichs was assigned to draft the Board's interim report and share with EFAB for their input.

The meeting was adjourned at 3:55 p.m.