Comptroller sends out Categoricals payment
SPRINGFIELD – On the day Gov. Rauner’s void in leadership caused the state to miss General State Aid payments to K-12 schools for the first time in its history, Comptroller Susana Mendoza directed the payment of $429 million in Mandated Categorical grants to help provide needed cash flow to schools.
SPRINGFIELD – It has been more than a month since the General Assembly authorized Gov. Rauner to offer up to $6 billion in General Obligation bonds, which would allow the state to lower the interest rate it pays on its debt.
CHICAGO – Here are the facts: SB1, the school funding bill negotiated with input from school superintendents and legislators from every corner of the state, treats all districts fairly and leaves no district with less funding than it has now.