SPRINGFIELD -- Governor George H. Ryan announced today that he is releasing $4.879 million in Illinois FIRST funding for projects in Lake County, including $4.7 million to the Northshore School District 112 to the capital costs of the recently completed construction of Oak Terrace School in Highwood.
The new building includes 28 classrooms, a gymnasium, multi-purpose room, cafeteria, two art rooms and a music room. The district contributed $11,900,828.
Other Illinois FIRST grants announced by Ryan:
- $154,000 to Waukegan Community Unit School District 60 to purchase and install new computers.
This Illinois FIRST project was initiated by State Sen. Adeline Geo-Karis, R-Zion.
- $25,000 to the Highland Park Park District to purchase playground equipment for Lincoln Park.
This project was initiated by State Rep. Karen May, D-Highland Park.
Illinois FIRST funds are not part of the state budget's General Revenue
Fund. Recently, lagging tax collections brought on by a slowdown in the national economy and the terrorist attacks of September 11 have forced the governor to order spending cuts in the General Revenue Fund that amount to less than 2 percent of total spending. Illinois FIRST monies are derived from separate accounts in the state budget -- the Road Fund and the Fund for Illinois Future -- as well as through the sale of state bonds.