At some point, all Illinois schools will be running out of cash reserves. That’s if the state doesn’t reach some kind of compromise on a full fiscal year operating budget and education spending plan says Sherrard School District superintendent Alan Boucher. He says everyone knows it’s not good.
And Boucher says although a new education funding formula plan is being floated in Springfield that shows a modest increase for Sherrard, it still results in inequities when comparing area schools.
Sherrard is owed as much as $500,000 in categorical funds from the state for such things as transportation and special education.