CHICAGO— Just after midnight Thursday morning, Comptroller Susana Mendoza’s office began transmitting $541 million in General State Aid to schools around the state. These are the funds that were supposed to go out on August 10th and 20th, but were delayed because the Governor vetoed the School Funding Bill.
The next payment of $264 million will go out tomorrow, Friday, to cover the first September payment due Sunday, Sept. 10. That means a total of $805 million will be going out to schools this week.
“I am grateful legislators were able to forge a bipartisan compromise to allow passage of the school funding bill which finally puts the state on a path to equitable school funding,” Comptroller Mendoza said. “The start of the school year should be about kids happy to see their classmates again and resuming the learning process — not worries about whether schools will have to close midyear. Parents, children and teachers can finally have the confidence and peace of mind to know that their schools will not only open on time, but more importantly, stay open for the full academic year.”