By Cynthia Grau

PONTIAC – With local school fiscal years ending June 30, many administrators are making alternative plans to make their budgets work in the fear the state won’t pull through with their required funding.

Pontiac Township High School Superintendent Jon Kilgore admitted that they’ve gone as far as to secure a loan if that ends up happening.

“In the event that the current budget impasse doesn’t get resolved in the next couple weeks, and it’s hard to think if it hasn’t happened yet, it’s going to, although we remain hopeful, we have taken out a bridge loan with a local bank,” Kilgore said.

“Basically, it’s a line of credit that says if it comes to bear that we cannot meet obligations as a result of state shortfalls, then we would access that line of credit. We certainly hope that’s not the case, but I felt like we should do that, just in case things got really bad and we didn’t get general state aid,” Kilgore also said.

Lawmakers return to Springfield this week to continue working on resolving the two-year-old budget impasse.

Cynthia Grau can be reached at [email protected]