1 month, 2 weeks ago from herald-review.com
The ISBE has informed local school districts they should plan to receive about 85 percent of what they usually receive
From from herald-review.com:
Illinois school administrators received another jolt of negative news last week: The already reduced level of funding they receive from the state could be slashed even more next year.
Although it is early in the budget process, the Illinois State Board of Education told local school districts they should be planning to receive about 85 percent of what they should normally be receiving in general state aid payments in the fiscal year that begins July 1.
Currently, school districts that qualify for general state aid are receiving about 89 percent of what they should be getting because of a pinch in state dollars.
The basis of the warning comes from projections showing that school districts could qualify for as much as $200 million in additional aid at a time when the state budget remains tight.
State Board of Education spokesman Matt Vanover said the agency wanted to send a message to school boards that are making plans for next year’s budget: “As you put together your projections, please be very conservative,” Vanover said.