A downstate superintendent says at some point, all Illinois schools will be running out of cash reserves. That’s if the Illinois General Assembly doesn’t reach a compromise on a full fiscal year operating budget and education spending plan. Sherrard School District superintendent Alan Boucher says everyone knows it’s not good.

And Boucher says although a new education funding formula plan is being floated in Springfield that shows a modest increase for Sherrard, it still results in inequities when comparing his school to neighboring districts in the Quad Cities area.

Sherrard is currently owed over $500,000 in categorical funds from the state for such things as transportation and special education.