Money for the Neediest Schools in IL

For years many stakeholders have lamented the funding crisis of the schools and students most in need of additional monies. There has been plenty of wrangling, finger pointing, politicizing the issue and outright bullheadedness (yes, that's a word!) over the issue.

That is all about to change in the coming days.

A new school funding formula has been agreed to and the money will soon flow into the coffers of CPS and other Illinois school districts that need a cash infusion By the way, the funding formula is determined based upon what is called a 'funding target.'
The target is based on enrollment and the cost of 34 factors determined to have the most beneficial impact on students.

Here's what all this means...$395 million will be provided to the state schools this year with $60 million of additional funding going to CPS. More funding will hit the schools in the years to come and I'll chat about that with you over the next few days. To say, the least, there are plenty of school personnel taking a deep sight of relief.

Dick