Tuesday, May 24, 2016

EIU president says stopgap funding won't get it through summer - The Associated Press

The president of Eastern Illinois University says the $12.5 million the school receives in stopgap state funding won't be enough to get it through the summer. EIU President David Glassman said in a letter May 2 that the school will be "challenged" to make payroll for late July and early August. The Mattoon Journal-Gazette reports (http://bit.ly/20apnfD) that Glassman says future layoffs may be necessary. The school is receiving about $12.5 million as part of a measure Illinois lawmakers approved earlier this month. Lawmakers are amid a standoff over a full state budget. EIU officials say the school asked for $24 million to $28 million. EIU has lost 413 employees since layoffs started about a year ago. The school has stopped hiring, postponed construction projects and restricted travel and purchases. http://www.sj-r.com/news/20160519/eiu-president-says-stopgap-funding-wont-get-it-through-summer