Saturday, December 20, 2014

ISU prepared for state budget cuts - Andrew Marshall, Daily Vidette

Illinois State University is preparing for a possible state-funding cut of 10 percent of the $74 million state allocated budget. Prompted by the Illinois Temporary Income Tax Increase set to expire Dec. 31, no indication of an extension has been stated. The state will take back the funds it has provided for state agencies called the mid-year recission. The Illinois Board of Higher Education recently sent an email to advise state agencies to make preparations for the possibility of an up to 10 percent retention of their current budget. “What remains to be seen is what kind of cuts there may be and how substantial they may be,” Jay Groves ISU Chief of Staff, said.

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