Lawmakers voted 38 to 19 to reject Rauner's changes to Senate Bill 1, with the entire Democratic caucus voting in favor of an override, joined by a sole Republican, Sen. The Illinois House now has 15 days to act on an override. If neither is done, the measure would be effectively killed, leaving schools without funding.
Both parties agree that reforms are needed, and the state budget passed in July requires an "evidence-based formula" to distribute education funds.
The vote came a day after the Illinois State Board of Education released an analysis that found Chicago Public Schools would receive $463 million less in funding this next school year under Rauner's funding plan than the measure approved by the Democrat-controlled Illinois General Assembly.
However, Rauner maintained that CPS' net difference between the two plans is only $241 million when taking into account the state pick-up of the district's $221 million pension payment, though funding to do so has not been appropriated.
"It is great news for our children all across Illinois", Rauner said.
71 members of the House (a three-fifths majority) must also vote to override - which may prove to be more hard, as just 60 voted for SB 1 the first time - or the legislation dies without a contingency plan in place.
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"We need honest brokers on both sides of the aisle", Barickman said.
The governor's amendatory veto made several changes to the bill that included the removal of those considerations. "You keep asking for things and not wanting to compromise on anything else".
"Are we going to fear the governor?"
"Today, the governor still has the opportunity to show real leadership by engaging with lawmakers to reach a bipartisan compromise on this legislation", Manar said. Andy Manar, called the Rauner plan "smoke and mirrors".
"Every district in IL is facing unnecessary - and unconscionable - uncertainty about how much funding they will receive from the State, thanks to Governor Rauner's veto of a historical education funding reform bill", said CPS CEO Forrest Claypool in a statement. But 20 districts, including CPS, would get less funding than they would receive with the Senate bill.
TIF districts were created to promote economic development in blighted areas with any growth in property taxes going to specific purposes, such as infrastructure, public improvements and developer subsidies - but not education. Claypool said the district has no immediate plans for selling bonds for capital needs.