Illinois Senate approves $40 billion budget hours after plan passed by House – Chicago Tribune

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The Illinois Senate voted early Saturday morning to approve a $40 billion spending plan for the budget year that begins July 1 as the General Assembly entered its overtime session.

The plan, approved on a 40-19 vote, follows an earlier 83-35 bipartisan vote by the state House. It would increase by $25 million the $350 million annual boost in public grade school and high school funding required under last year’s rewrite of the formula used by the state to dole out money to schools.

It also would provide an increase of $66 million, or 5%, in funding for public colleges and universities, many of which were devastated during the state’s historic budget impasse under former Republican Gov. Bruce Rauner. Also included were a $50 million increase in funding for Monetary Award Program awards for students from low-income households and a $10 million increase in non-income-related Aim High grants for student achievers.

Gov. J.B. Pritzker pushed an ambitious agenda. As spring legislative session nears end, what’s done and what’s left? »

Source Article from https://www.chicagotribune.com/politics/ct-met-illinois-budget-20190531-story.html

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