District 150 Prepares for Sequestration
By: Andrew Barra WMBD/WYZZ-TV
Updated: February 25, 2013
PEORIA - District 150 is looking at what to do with their budget if the sequestration does go through.
The district is planning for a worst case scenario with their Title I and II grants.
The federal government is legally bound to give at least ninety percent of allocated Title I money, which funds low income development.
However, they are allowed to cut all Title II funding, which goes to professional development.
They say they could lose over two million dollars a year.
The district discussed possible scenarios at Monday night's school board meeting.
They plan on coming up with a number of budgets to prepare for any scenario.
District Spokesperson, Chris Coplan, said, "We'd have to build a couple different budgets around federal funding to determine that and decide how to move forward. We'll wait to see if this is an issue at all on Friday,"
The district also mentioned the possibility of having Title II become a competitive fund.
That means they would compete with other districts for the funding, much like the Rise to the Top program.
The district is planning for a worst case scenario with their Title I and II grants.
The federal government is legally bound to give at least ninety percent of allocated Title I money, which funds low income development.
However, they are allowed to cut all Title II funding, which goes to professional development.
They say they could lose over two million dollars a year.
The district discussed possible scenarios at Monday night's school board meeting.
They plan on coming up with a number of budgets to prepare for any scenario.
District Spokesperson, Chris Coplan, said, "We'd have to build a couple different budgets around federal funding to determine that and decide how to move forward. We'll wait to see if this is an issue at all on Friday,"
The district also mentioned the possibility of having Title II become a competitive fund.
That means they would compete with other districts for the funding, much like the Rise to the Top program.
