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Rauner said these numbers cannot be confirmed until Illinois State Board of Education releases its report Monday, but he believes the numbers to be fairly accurate.
Mark Altmayer, chief financial officer of Huntley Community School District 158, said it will be a "dark day" for education in Illinois if SB 1 doesn't pass, especially for the "hundreds of downstate districts that are completely reliant on state funding."
District 158 oversees eight schools – five elementary schools, two middle schools and Huntley High School. Altmayer said that without state funding, their district still will be able to operate for an extended period of time.
District 156 oversees two high schools and serves more than 2,000 students. State funding accounts for slightly more than 10 percent of the district's budget and without it, the school still will be able to open its doors in a couple of weeks, Chief Financial Officer David Lawson said.
"Hopefully [Rauner] changes his mind or they override the veto," Lawson said. "[State funding] is essential to many, many districts in the state."
He said going the whole year without state funding "would certainly be a detriment to [the] district."
This would cause them to dip into their fund balance and jeopardize the fund's intended purposes, such as maintaining the district's two high school buildings, one of which is a century old.
"If they don't get anything done until [a] November, December time frame, from a cash flow standpoint, we will be fine. I think many of the districts around us will be fine," Altmayer said.
"That being said, I do not want to go the whole year without any state funding coming through, and that's not going to happen because too many districts downstate won't even be able to open their doors."