COD officials look at budget with $2.5 million deficit - Hank Beckman, Beacon Sun

The College of DuPage Board of Trustees got its first look at the proposed 2014 budget this Thursday. While the college’s financial rating is good, challenges loom in the immediate future — challenges that may lead to an increase in tuition. At the core of the college’s potential problems is the failure of the state of Illinois to deliver on funding education, college officials said. “The state continues to be a significant challenge to the college,” Thomas Glaser, senior vice president of Finance and Administration, said.Glaser told the Board that the state operating grant was cut for the 2014 budget by about $653,000 and will come to only $12.3 million total, far below the one-third of total funding it is supposed to provide. http://beaconnews.suntimes.com/news/20161572-418/cod-officials-look-at-budget-with-25-million-deficit.html