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Illinois faces a $15 billion backlog in unpaid bills

Post BY: The News-Gazette
http://www.news-gazette.com/opinion/editorials/2017-09-10/neither-borrow...

Gov. Bruce Rauner announced that he's decided to "exercise borrowing authority to issue $6 billion in bonds to pay down a portion of the state's bill backlog." Yes, that's right. After abandoning the idea of spending their way out of debt, the state's leaders have embraced a new plan — borrowing their way out of debt.

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How to Contact, and Research, Your Elected Officials

PLEASE VIEW and PLEASE SHARE: https://youtu.be/Ma_x4XYBey0

“A popular government without proper information or the means of acquiring it is but a prologue to a farce or a tragedy – or perhaps both. Knowledge will forever govern ignorance; and the people who mean to be their own governors, must arm themselves with the power which knowledge gives.”
– James Madison, Letter to W. T. Barry, 1822

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New School Laws 2017

New School Laws 2017
VIEW: https://www.iasb.com/govrel/newschoollaws2017.pdf
(document attached)

This publication is not intended as a substitute for either a current version of the Illinois Compiled Statutes or legal counsel.

Please note the synopsis of each act is brief and may or may not encompass the full content or impact of the Act. The synopsis is designed to call attention to statutory changes and additions that may merit further research.

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PERA (Performance Evaluation Review Act)

VIEW: https://www.iasb.com/law/PERAoverview.pdf?v=0117
(document attached)

Updated January 2017

Illinois Association os School Boards (IASB) has prepared a document that explains PERA (Performance Evaluation Review Act) to guide school board members and others in the state's latest education reform law.

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Guide to Illinois Statutes Affecting Schools

VIEW: https://www.iasb.com/law/ICSAGuidetoILStatutes.pdf
(document attached)

The Guide to Illinois Statutes Affecting Schools serves as a handy reference to those Illinois statutes that are not in The School Code but are occasionally involved in the resolution of issues faced by school districts.

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State cuts funding for teacher pensions

Post By: Illinois Times
http://illinoistimes.com/article-19084-state-cuts-funding-for-teacher-pe...
Pension fund resists move to passive investments
By Bruce Rushton

The head of the state pension system for teachers warns that a $531 million reduction in expected state contributions to the pension plan this year will cost taxpayers $1.6 billion in the future.

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Illinois Senate Passes Education Funding Reform Deal

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Education Reform Funding

Education Reform Funding - House Amendment #5 to SB 1947:

The IFT opposes the negotiated education funding reform deal because:
• It creates a private school scholarship tax credit that benefits the wealthy and harms public schools.
• It includes mandate relief that could reduce student offerings such as PE and Drivers Education.
• It creates a mechanism for voters to reduce the education portion of the local property tax levy which will reduce local funds available for education.

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Illinois House passes school funding overhaul on 2nd attempt

Post By: St. Louis Post-Dispatch
http://www.stltoday.com/news/local/education/illinois-house-passes-schoo...

The Illinois House approved an education funding plan Monday that will increase state money for all districts, reduce disparities between rich and poor schools and provide $75 million in tax credits for people who donated to private school scholarships.

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Report: Illinois teacher pension structure exacerbates gap between rich, poor schools

Post By: St. Louis Public Radio
http://news.stlpublicradio.org/post/report-illinois-teacher-pension-stru...

Illinois’ teacher pension system creates an unequal funding structure between rich and poor public school districts, a report released Wednesday said.

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