school funding

Districts to receive additional funds under new funding model

May 03, 2018 - 20:29

The Illinois State Board of Education has notified school districts serving Homewood and Flossmoor of the new monies they will receive under the Evidence-Based Funding for Student Success Act of 2017.
The measure is meant to comprehensively change the way school districts receive the bulk of state funds sending more resources to Illinois’ most under-resourced students, according to an ISBE news release.

Homewood District 153 budget will balance with referendum funds

September 20, 2017 - 23:32
The District 153 school board approved a balanced 2018 budget of $22.26 million because of an additional $640,000 raised in the 2016 referendum.
Revenues, expected at $21.62 million, cannot meet all the expenses despite the administration’s best attempts at holding the line on costs.  The board unanimously approved the budget at its Sept. 18 meeting.

Fine-tuning bus service in District 161 reduces complaints this year

September 14, 2017 - 20:45
A representative of the school bus company serving Flossmoor School District 161 was on hand at Monday’s Board of Education meeting to respond to parents’ complaints even though school district and bus company officials acknowledged that things are running smoothly as the school year entered its third week. 

H-F High will have its 13th balanced budget

September 01, 2017 - 13:00
Homewood-Flossmoor High School will have a balanced 2018 budget. It is the 13th consecutive year the district has been in the black.
Business manager Ken Parchem said the $53.76 million budget shows a 1.7 percent increase in revenues over the 2017 budget. 

“Overall revenues are fairly flat. We show a $600,000 overall increase. Expenditures are up 3.8 percent,” he said. 

Speaker Madigan says compromise bill will help school kids

August 29, 2017 - 01:23
After the Illinois House of Representatives approved a new funding formula for schools Monday, Aug. 28, House Speaker Michael J. Madigan issued the following statement:
“Today we saw compromise. Instead of pitting children and communities against each other, Democrats and Republicans came to an agreement on much of what’s in this bill. And even where we don’t fully agree, we’re willing to work together in good faith and meet each other half way.

Munchkins get look at scary wizard, school funding apocalypse

July 30, 2017 - 22:36
The commentary below represents the ideas, observations and opinions of the author.

A compromise was reached on the state budget, but school funding remains a question mark, it's fate bound up with a bill Gov. Bruce Rauner has threatened to veto. Local schools will open, but the question mark remains.

Rep. Davis on school funding: 'It’s better when everybody wins’

August 24, 2016 - 09:27

Rep. Will Davis (D-Homewood) is one of 25 appointees serving on a bipartisan commission tasked to present the Illinois Legislature with a new education funding formula.

Davis told the Homewood-Flossmoor Chronicle that doesn’t necessarily mean moving from the current system that uses property taxes to primarily fund schools. Rather, the commission will look at new ways of measuring critical needs and how best to fund them.


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