This document provides an agenda and background information for the Illinois School Funding Reform Commission meeting. The agenda includes welcoming remarks, a discussion of national best practices in school funding, an overview of Illinois' current funding systems, establishing guiding principles, and wrapping up. A history of funding reform efforts in Illinois since 1970 is also summarized. Key statistics about Illinois' current funding show it ranks high in per-pupil spending but low in state funding contribution compared to other states. Suggestions are made for small group meetings to further study the current funding formula and proposals to change it. Contact information is provided for the Commission chair and staffer.