6c6f9896_nce_for_Public_Charter_Schools__Charter_Law_Description
[State] Illinois [Score] 8 [Charter Law Description] 
Under current law, charters may receive no less than 75 percent and no more than 125 percent of what traditional public schools receive in per pupil funding. A charter school may apply for and receive, subject to the same restrictions applicable to school districts, any grant administered by the State Board that is available for school districts. In a national study of charter school funding (University of Arkansas, Charter School Funding: Inequity Expands, 2014), Illinois charter schools were receiving on average $10,182 per pupil in public funds, while traditional public schools would have received $12,533 for those students. As a result, the state’s charter schools were receiving $2,351 per pupil—or 18.8 percent—less than what the traditional public schools would have received for those students. This figure includes all sources of funding, and analysis reveals continued inequities for both operational and capital funding (see Component #19 for information on capital issues).
18. Equitable Operational Funding and Equal Access to All State and Federal Categorical Funding | National Alliance for Public Charter Schools
Charter Law Description