(1) Completely agree.
(2) Not sure it makes much difference, the money is what the money is.
(3) Since Chicago’s per capita property values are significantly higher than those of Illinois as a whole, the apparent result is that dollars will flow from Chicago to downstate. (Would need to adjust for school age populations to validate this). If Pawar’s campaign gets traction, someone will surely run the numbers and publish the list of winners and losers.
(4) I don’t agree, but this is exactly why we have fifty states. I would look forward to seeing the results, especially if I’m proven wrong.
(edit) Couldn’t find really solid numbers for matching years, and nothing for the entire state, but using the city my uncle lives in (Bloomington)) I arrived at:
Chicago - Total assessed value about $260 billion. Total students in public schools: 380,000. Total property value per student, about $685,000.
Bloomington - Total assessed value $3.2 billion. Total students in public schools: 8,000. Total property value per student, about $400,000.
So if Bloomington is a stand-in for the rest of the state, Chicago may be coughing up some bucks.