State Treasurer Michael Frerichs can't get funds moving to schools until lawmakers override the Governor's veto of the school funding bill or Rauner and Democrats reach a deal. Frerichs doesn't envy the position schools are in with state funds locked up for the timebeing.
Frerichs says some of the changes made through Governor Rauner's amendatory veto will be costly to some school districts. He notes Peoria Schools alone would lose about a million dollars a year.
