About 600 Illinois school district will receive a portion of $97 million in an attempt to restore some of the funding cut by a budget stop gap bill passed last month.
The Illinois State Board of Education passed the plan that allocates $33 million of the funds to the Chicago Public Schools district. The CPS district is one of 32 districts that will receive 95 percent of the funds that were cut, while another 546 districts will get just under 74 percent of the funds that were slashed from their budgets. Because the amount of money the districts received was based on need, another 248 districts will not see any funding because they were deemed ineligble.
Even with the partial restoration of funds for hundreds of the school districts, the money will not make a dent in the 2.25 percent across-the-board cuts that were also a part of the March budget bill.