District 203 superintendent Dan Bridges and District 204 superintendent Karen Sullivan presented the status of current school funding and how proposed legislation could impact local districts.
“Just talking about the school funding formula, that’s all well and good, but unless you deal with the other two elephants in the room that everyone else is talking about, that’s a property-tax freeze and pension cost shift, we won’t really know what our funding will because those are all big,” said Sullivan.
Through potential legislation including Senate Bill One, a property tax freeze and a pension cost shift, both districts could lose tens of millions of dollars in state funding in a single year.
“Karen and I agree that the funding formula, how the state of Illinois funds schools, needs to change. There’s no doubt about that,” said Bridges.
Currently, state funding makes up about 15 percent of District 204’s budget, and seven percent of 203’s.
The next Legislative Committee meeting will be May 9, and will focus on the current business climate in the U.S.
Naperville News 17’s Evan Summers reports.
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