Wednesday, June 22, 2016

WIU BoT approves tentative FY17 spending plan - Lainie Steelman, McDonough Voice

The Western Illinois University Board of Trustees approved a $221.3 million preliminary spending plan during Friday’s meeting on the Quad Cities campus. But how much the university will actually have to spend remains up in the air, due to the 2016 fiscal year budget impasse and the General Assembly’s failure to pass a budget for the new fiscal year starting July 1. Western, like the state’s other public university and community colleges, hasn’t received state appropriations for the 2016 fiscal year, which ends June 30. The FY17 preliminary spending plan is a decrease of $24.6 million over the FY16 all funds budget and assumes state appropriations will be a 20 percent reduction from the 2015 fiscal year level. The spending plan also factors in university income fund levels at a 10 percent reduction in enrollment. http://www.mcdonoughvoice.com/news/20160614/wiu-bot-approves-tentative-fy17-spending-plan

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