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Illinois schools to find out evidence-based funding

Illinois school districts are learning how much money they’ll get from the state’s evidence-based funding model. The formula takes into account total enrollment, poverty rates and other factors like English language learners, becoming law in 2017. As Local 4’s Michael Frachalla, the goal is to get all of the districts to at least 90% of […]
United States Michael Frachalla Evidence Based Funding Model Evidence Based Model

State High Court Weighs — Again — Whether Education Funding Goals Are Constitutionally Required

Originally published on May 18, 2021 8:05 pm The Illinois Supreme Court is considering whether Gov. JB Pritzker is legally obligated to recommend more state spending on K-12 education. But lawyers for the state say it’s not Pritzker — or any governor — the schools have an issue with; it’s the legislature itself, which passes state budgets for the governor to sign. On Tuesday, attorneys for 22 downstate school districts asked the state’s high court to take a fresh look at a decades-o...
United States Richard Huszagh Justice Michael Burke Thomas Geoghegan Supreme Court Illinois Supreme Court

Illinois Comptroller Calls For Fiscal Discipline To Maintain Reduced Bill Backlog

Comptroller Susana Mendoza in conversation with Derek Cantù Despite the reduced bill backlog, Illinois still needs to pay back more than $3 billion the state borrowed from the Federal Reserve last year. Additionally, lawmakers tasked with negotiating the fiscal year 2022 state budget say the state faces at least a $1.4 billion deficit. Although the state will receive $7.5 billion in federal stimulus money under the American Rescue Plan, Mendoza is cautioning lawmakers to not be in a hurry to ...
United States Bruce Rauner Susana Mendoza Commission On Government Forecasting Federal Reserve Us Treasury Department
Source: tspr.org

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Illinois Comptroller Calls For Fiscal Discipline To Maintain Reduced Bill Backlog

Comptroller Susana Mendoza in conversation with Derek Cantù Despite the reduced bill backlog, Illinois still needs to pay back more than $3 billion the state borrowed from the Federal Reserve last year. Additionally, lawmakers tasked with negotiating the fiscal year 2022 state budget say the state faces at least a $1.4 billion deficit. Although the state will receive $7.5 billion in federal stimulus money under the American Rescue Plan, Mendoza is cautioning lawmakers to not be in a hurry to ...
United States Bruce Rauner Susana Mendoza Commission On Government Forecasting Federal Reserve Us Treasury Department

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