School Districts To Get Full State Funding-ISBE
By: Administrator
Updated: February 11, 2013
Illinois school districts would receive full funding next school year if the Illinois General Assembly
approves the Illinois State Board of Education's budget proposal. State education officials last month approved its 2014 fiscal year budget which include an $875 million increase. Peoria District 150
is listed as one of 12 districts which would be getting the biggest gain in state revenue if it is
approved by the Illinois General Assembly. The majority of the state board's increase would go
directly to the districts through the general state aid formula. According to a release issued
Monday by the ISBE, the FY 13 GSA claim for District 150 is $47,558,638 and the FY 13 GSA prorated payment is $42,419,538, a difference of $5,139,100.
