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April 23, 2014, 5:32 pm
970 WMAY News

Illinois Senate Passes Measure to Help Local School Districts


The Illinois Senate has approved a measure that could bring more money to Springfield schools.

 

The bill, sponsored by Democratic state senator Andy Manar, would give District 186 a payment to make up for the money lost because state government buildings are removed from the property tax rolls. A formula would be used to calculate the payment, based on the current average property value per acre within the district. That amount hasn't been determined yet, but could mean anywhere from $100,000 to $600,000 extra for Springfield schools in the next fiscal year.

 

The bill now heads to the House.

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