Assessment Matters: The Rise and Fall of the Illinois Resource Equalizer Formula

  title={Assessment Matters: The Rise and Fall of the Illinois Resource Equalizer Formula},
  author={Tracy L. Steffes},
  journal={History of Education Quarterly},
  pages={24 - 57}
  • Tracy L. Steffes
  • Published 1 February 2020
  • Economics
  • History of Education Quarterly
This article explores the passage and failure of the 1973 Illinois Resource Equalizer formula which was designed to reduce disparities in school finance by breaking the connection between local wealth and school revenue. It argues that two sets of goals drove passage of the new law—equity and local property tax relief—and they came into conflict during implementation, with the latter winning out over the former. It argues that to understand both the passage and failure of the law requires… Expand


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  • 2019