A significant share of this year's budget is now assured for the Moline schools. Last week's agreement between the governor and leaders of the Illinois General Assembly includes full-year funding for k-12 schools, for the fiscal year that began July 1st.
Chief Financial Officer, Dave McDermott, says the Moline district relies on the state for 23 per cent of its yearly budget. But the state appropriation is also important because it makes federal funding possible.
McDermott says the budget agreement in Springfield means the Moline schools can start on time next month, and not have to use reserve funds during the coming year.
General state aid will total nearly 16 million dollars this year, or about 18 per cent of annual spending.
