Education Funding

Cutting School Transportation Funding

Chris Slaby — Mon, 06 May 2013 17:45:29 +0000

Illinois schools could see state funding reduced by millions of dollars under Governor Pat Quinn's budget proposal. One of the largest cuts would be to the fund used to get children to school on time.

Increasing State Aid for Wealthy School Districts

Chris Slaby — Wed, 03 Apr 2013 20:05:52 +0000

Illinois gives out millions of dollars annually to well-off schools, and the state's education chief said that number could start to rise.

The districts receiving the state funds can't go to local residents for more money because of property tax caps.

State superintendent Christopher Koch said as the economy recovers and property values increase, Illinois could be on the hook for sending even more money to wealthy districts.

“The key is, how do we solve it? How do you put a better system in, one that's less reliant on property values?” Koch asked.

Cost Containment Plan for Macomb Schools

Rich Egger — Wed, 20 Mar 2013 00:41:31 +0000

The workforce will be a bit smaller in the Macomb School District next fall as a result of budget cuts.

The equivalent of three full-time positions will be eliminated as part of what the district is calling a “cost containment” plan, which the Board of Education approved during its March meeting.

Superintendent Alene Resuchel said the district will also dip into its reserves to balance its budget, but she said it is not sustainable in the long-term to rely solely on reserves.

Clark County R-1 School Budget

Jason Parrott — Fri, 20 Jul 2012 04:23:56 +0000

One northeast Missouri school district will have a little more money to spend during the upcoming school year.

The Clark County R-1 School Board has signed off on the district’s $9.1-million budget.

Superintendent Ritchie Kracht says the spending plan is balanced… with revenues slightly exceeding expenses.

He says annexing the Revere C-3 School District into Clark County has meant a $200,000 boost in assessed valuation as well as additional state aid.