Emanuel: Rauner "Governing Through Anger" In Rewriting School Funding Plan

Sen. Brady hopeful for school funding solution

The ratings agency said delayed distribution of funds to schools may have a negative impact on school district ratings: "Fitch will closely monitor the potential impact an extended impasse may have on IL school district credit quality and will take action on a case by case basis as necessary".

CPS would also enjoy the bill's "hold harmless" provision, which "ensures that a district can not receive less state aid funds than it did the previous year". Enrollment has dropped in CPS schools, but no one has adjusted the funds out of CPS to other districts.

The Senate has 15 days - until August 16 - to take up the governor's veto; should the Senate successfully override or accept Rauner's changes, the House then has 15 days to follow suit.

While a dozen Republicans ultimately joined with Democrats to enact a budget and tax hike earlier this summer, Fitch says "this also seems unlikely despite the override of the governor's veto of the fiscal 2018 budget".

IL is one of the few states in the country where, in most cases, local districts pay the majority of public schools' costs. If the two chambers do not agree on whether to accept the veto, or if either house fails to act, the legislation dies, and lawmakers would have to draft a new plan to send to the governor.

"This amendatory veto sets it up where, even if a district were to lower their property taxes going in, we are not going to get any more (state funding) to make it up", Donkin said. Andy Manar, a Bunker Hill Democrat who sponsored the bill.

A new school formula is required as part of a state budget deal that legislators approved in July over Rauner's veto.

Madigan said in a statement that Democrats will continue to work with Republicans on a plan.

Reintegrate the normal cost pick-up for CPS into the Pension Code, and treat Chicago like all other districts with regards to the state's relationship with its teachers' pensions.

Ahead Rauner's Capitol news conference, Democrats backing the measure called for Rauner to sign it, instead of rewriting it. He labeled it a "bailout" and cut some of the district's aid. To win re-election, Rauner will need heavy support from those two Republican-leaning areas to counteract the typically large Chicago Democratic vote.

Although the governor and several downstate legislators say they support much of SB1, they contend it will send downstate money to Chicago and bail out "Chicago's broken teacher pension system".

Pitting Chicago against the rest of IL has been a popular tool for Rauner, who drummed up enough support outside of the Democratic stronghold in 2014 to become the state's first GOP governor in more than a decade.

"The Democrats seem to be only interested in continuing to continue this political charade". Daniel Biss of Evanston said the governor has "proven that he cares more about his own political future than the future of millions of children across IL". However, Donkin said with Rauner's veto this adequacy target stays static.

J.B. Pritzker accused Rauner of being "blinded by his crusade against Chicago's children and families" while Northwest Side Ald.

"I think we are very close to a good compromise", he said.

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