Tag: state funding

Districts to receive additional funds under new funding model

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[Read More…]

Homewood District 153 budget will balance with referendum funds

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[Read More…]

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