Monday, August 1, 2016

Sauk board approves $1.9M deficit budget - CHRISTOPHER HEIMERMAN, Sauk Valley

Sauk Valley Community College is loading up on belt-tightening options, in case the deficit budget its Board of Trustees approved doesn’t soon take on a sunnier outlook. The school received about $350,000 less in enrollment reimbursement from the state than anticipated a month ago. As of right now, it’s also getting just $525,000 state aid for fiscal year 2017, about one-third of the 70 percent funding it factored into the preliminary budget the board read June 2. That’s due to the stopgap measure signed by Gov. Bruce Rauner June 29. The bottom line is a unanimously approved fiscal year 2017 budget with a $1.9 million shortfall. http://www.saukvalley.com/2016/07/25/sauk-board-approves-1-9m-deficit-budget/apwheta/

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