state aid

The Illinois Senate approved a big change to the way Illinois funds schools yesterday, but that doesn't ensure anything will change.

District 150 deficit spending to keep newer programs

Aug 26, 2013

Peoria School District 150 has a projected deficit of nearly $6 million.  Peoria Public Radio's Alex Rusciano reports that's compared to a deficit last academic year of nearly $3 million: 

Peoria School District 150 says it wants voters to consider a one-percent sales tax increase on some retail sales.  Peoria Public Radio’s Alex Rusciano reports the District says new revenues are needed amid shrinking property tax and state aid funding: 

 District 150 is expecting a $10 million decrease in general state aid next school year.  District 150 also lost nearly four-million-dollars in property tax revenues the last two years.  Officials say that means less money for roof repairs, technology upgrades and health-life safety projects.  School Board member Rick Cloyd says he supports asking Peoria County voters to consider a one-percent sales tax increase: