ROCKFORD, Ill. (WIFR) -- Illinois Schools will finally be getting their General State Aid payments after a long wait. The Comptroller's Office releases $541 million Thursday morning to statewide schools.
These funds were supposed to go out on August 10th and 20th, but were delayed when Governor Rauner vetoed the school funding bill.
RPS 205 Superintendent, Ehren Jarrett, says with this funding, all the General State Aid payments will be made this year for RPS 205. He says they anticipate an additional $5 million that they weren't expecting, however some funds aren't performing as well as they hoped, but regardless, they should come out relatively ahead. He says the schools received some support with federal dollars as well because of a State Legislation change, so this will allow them to better utilize those extra dollars.
“We are very excited that there is stabilized funding in the State of Illinois, at least for this year. It looks like that will be a favorable variance based on what we budgeted. We're looking at some additional dollars we didn't expect, that's always a positive thing, but we will certainly have to monitor that closely on an annual basis," says RPS 205 Superintendent, Ehren Jarrett.
The next General State Aid payment of $264 million will be transmitted Friday to cover the first September payment that's due on Sunday.
$805 million is the total amount of money being transmitted to schools around the state this week.