The IU board of trustees made history with its recent approval of the 2010-11 budget, which does not provide for staff and faculty pay increases for the second consecutive year. “Indiana University has two primary sources of revenue that can go towards salary increase — the state budget and tuition,” said University Vice President and Chief Financial Officer Neil Theobald. “While tuition has gone up by 4.9 percent in-state and 5.9 percent out-of-state, the state budget was cut by over $29 million for the 2011 school year.”