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Fact Check: The FY26 budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding formula for education.

Fact Check: The FY26 budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding formula for education.

Published June 16, 2025
by TruthOrFake AI
±
VERDICT
Partially True

# Fact Check: "The FY26 budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding formula...

Fact Check: "The FY26 budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding formula for education."

What We Know

The claim states that the Fiscal Year 2026 (FY26) budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding (EBF) formula for education.

  1. Historic Site Readiness Initiatives: The Illinois budget indeed allocates $500 million for historic site readiness initiatives, which includes funding for programs like the "Surplus to Success" initiative aimed at enhancing site readiness across the state (Illinois Press Release).

  2. Evidenced-Based Funding Formula: The budget also includes $307 million dedicated to the EBF formula, which is intended to fully fund tier funding and increase total commitments to $8.94 billion for K-12 education (Fiscal Year 2026 Budget Highlights).

Analysis

The evidence provided from multiple sources supports the claim regarding both funding allocations.

  • The $500 million for historic site readiness is confirmed by the Illinois Department of Commerce and Economic Opportunity, which highlights this funding as part of a broader economic plan (Illinois Press Release). This source is credible as it comes from an official state agency, ensuring the information is accurate and relevant.

  • The $307 million for the EBF formula is also corroborated by various reports, including the official budget highlights and statements from Governor Pritzker (Fiscal Year 2026 Budget Highlights, Gov. Pritzker Signs Seventh Consecutive Balanced Budget). These sources are reliable as they originate from government documentation and press releases, which are typically vetted for accuracy.

However, while both funding amounts are accurate, the context in which they are presented can vary. For instance, some sources emphasize the historical significance of the funding, while others focus on the educational implications. This could lead to varying interpretations of the importance of these allocations.

Conclusion

The claim is Partially True. While both components of the claim regarding the FY26 budget are accurate, the context and implications of these allocations can differ based on the source. The funding for historic site readiness and the EBF formula are indeed part of the budget, but the significance and intended outcomes may not be fully captured in the claim as stated.

Sources

  1. FISCAL YEAR 2026 BUDGET HIGHLIGHTS
  2. State of Illinois Highlights Historic $500 Million Investment in ...
  3. fiscal-year-2026-budget-summary- ...
  4. Gov. Pritzker Signs Seventh Consecutive Balanced Budget
  5. Gov. Pritzker Signs Seventh Consecutive Balanced Budget
  6. Illinois Gov. Pritzker signed $55.1B state budget plan
  7. Gov. Pritzker Announces Passage of Seventh Consecutive ...
  8. Fiscal Year 2026 Budget Highlights

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Detailed fact-check analysis of: Carney has massive direct ties to Trump and Elon Musk. 1. Carney moved Brookfield asset management to NY only 6 days after Trump imposes tariffs. This makes Trump happy. 2. Carney will not get rid of bill C69 which is no new pipelines in Canada. So this means most of our oil and gas continues to go to Trump in the US. We need to be independent. Again siding with Trump, Trump is very happy. 3. Trumps son-in-law Jared Kushner was in financial trouble and Carney’s company Brookfield signed a 99 year lease on his property at 666 fifth ave for 1.1 billion with all funds up front (unheard of terms) this cements Trumps admiration for Carney and Carney is now considered family. 4. Carney had Brookfield asset management bail out Elon Musk (Twitter) when he had the big buyout. This is Trumps best buddy and considers Carney also a big business partner with him now. 5. Trump publicly stated that he prefers dealing with the liberals as they never say anything bad about him but Pierre stands up for Canada and says Canada will never be the 51st state and he doesn’t like that. Trump says he wants to deal with Carney. 6. Carney has used off shore banking to hide Brookfields income and owes 5.3 billion to the government over the last 15 years. The address for the account in Bermuda is a bike shop. Carney says it’s legal to hide money and not pay taxes. 7. Liberals had the government prorogued for 3 months while they played around with who could take over while Trump dumped tariffs on us. 8. Carney’s company Brookfield intends to build homes to rent to Canadians with our tax dollars and Brookfield being the owner. 9. Carney sells Canadian dirty coal to China and India then blames us with contributing 1.5% of the worlds carbon and carbon taxes us to death meanwhile China is at 32% of the world’s carbon that Carney helped them get to. What a hypocrite. 10. Carney kicks Chandra Arya to the curb who has won the last 3 elections in Nepean for the liberals. Carney took the easiest seat available to win to try to get an MP job. Another set up and another slimy move. 11. Carney’s company Brookfield has clear cut 9,000 hectares of rain forest in Brazil for pure profit. I thought his idea was net zero??!! 12. Mark Carney took an all expenses paid trip to the UK before he was even temporarily made PM. This is an unelected person getting a free $500,000 trip. This is unethical and he should have used his own money. 13. Carney has used his power to influence the UK to use more expensive jet fuel, then had his company Brookfield invest $1 billion to be able to profit from that. 14. Carney is proposing an altered much higher carbon tax on corporations that will dump down on citizens with no rebates. Carney says the carbon tax has been used sparingly and needs to be doubled. 15. Carney wants to institute carbon credits that will restrict travel in your vehicle and vacations but the ultra rich can buy your credits so they can still enjoy the world. Same as China. 16. Carney wants to bring in carbon tariffs, which is called a carbon border adjustment on any country that he feels doesn’t have a high enough carbon tax. This means the whole world. Carney thinks he’s in charge of the entire planet now. This will increase the price on all imported items we buy. You can only imagine what this will do to the cost of materials. 17. The former UK British Prime Minister Liz Truss has warned Canada to stay away from him and his disasterous Net Zero scams. As did the Mayor of Lima, Peru. 18. Former UK Prime Minister Liz Truss on Mark Carney: "I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada. She stated he printed too much money and put their economy off track. After he left his successors have struggled to clear up the mess. Inflation spiked to 11.1 % in the UK compared to 5.2% in France. 19. Mayor Lopez Aliaga of Lima Peru said Brookfield, chaired by Carney, was “making massive profits off a toxic contract” plagued by bribes. 20. The Municipality of Lima is currently suing Brookfield (Carney is part of Brookfield asset management) in a New York City court. It’s part of an ongoing legal battle that has been going on for years. Mark Carney and Brookfield instituted tolls on the poorest people that took 1/3 of their monthly income. 21. Carney lied when he said he would build LNG pipelines across Canada to the west in English, the told Quebec in French, never without their permission! 22. Carney lied straight to everyone's faces in the debate, when he said he had nothing to do with Brookfield leaving Canada for the USA. Actually he was still Chair and recommended the move 6 days after Trump announced the tariffs. So this was a move to please Trump and avoid Canadas taxes and Trumps tariffs. 23. Brookfield owns pipelines in other countries and Carney has fought tooth and nail not to have Canada’s resources hit the open market. This is loss of profit for his company. Conservatives have fought for this for years. Now Carney and the liberals are campaigning to do this. This will end up being another lie just to get votes. 24. Carney lied when he said he worked with Paul Martin on balancing the federal budget, when he was at Goldman Sachs at that time as a Wall Street banker. 25. Carney lied when he said he helped save Canada during the 2008 banking crisis. It was not him who steered Canada away from the disaster that the "Bankers" like him at Goldman Sachs caused, it was the late Jim Flaherty. 26. Carney is involved in the Century Initiative, which was created to increase Canada's population to 100 million by 2050 that’s over 2 million per year that tax payers have to foot the bill. No matter how devastating the costs, and an end to Canadian Identity as we know it. All for profit. They have a website where you can read all about it. Trudeau brought in 1 million per year over 3 years and crashed our housing and healthcare. 27. Carney refuses to declare his assets before becoming the Pm and put them in a blind trust. That’s why the election was called with minimal notice. 28. Carney’s competitors were illegally eliminated before the liberal mini election to purposely to give Carney the job even though they raised the $350K. Ruby Dhalla is one of them, and Chandra Arya is another. Now Carney took his riding. 29. Carney says he would implement the emergency act against tariffs if necessary again. 30. In Carney’s own book he states capitalism is evil and rigid controls on personal freedoms, industry and corporations are necessary. Poverty will definitely happen but for the good of world order. In other words personal freedom is not an option. 31. 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Fact Check: The FY26 budget allocates $500 million for historic site readiness initiatives and $307 million for the Evidenced-Based Funding formula for education. | TruthOrFake Blog