HCC Approves Tentative 2015 Budget - WIFR

Highland Community College has approved a tentative budget for fiscal year 2015. The plan the Board of Trustees OK'ed will be submitted to the Illinois Community College Board once the trustees adopt it in September. In the budget, operating revenues are about $14.2 million and budgeted expenses are about $14.8 million. The operating fund budget includes a deficit of approximately $510,000. Many changes are expected between the adoption of the tentative budget and the presentation of the permanent budget in September. Final state allocations have not been announced yet for fiscal year 2015. An estimate from the ICCB estimates it will be about $130,000 less than fiscal year 2014. http://www.wifr.com/home/headlines/HCC-Approves-Tentative-2015-Budget-267389231.html