The Illinois State Board of Education is warning state schools to prepare for less state funding.
Schools will receive 85 percent less in state funding for the next fiscal year.
Qualifying districts could receive up to 89 percent.
Illinois state law requires that education officials spend a little more than $6,000 per student. Local school districts contribute towards the base amount with the state making up the rest, especially in the poorer districts.
It has been projected that some school districts in the state could qualify for $200 million more in general aid. This has prompted the ISBE to make further cuts.