Monday, February 27, 2017

COD trustees look at ways to address budget shortfall - Eric Schelkopf, My Suburban Life

College of DuPage trustees are looking at a possible increase in tuition fees as a way to address an expected budget shortfall and avoid program cuts.The college is looking at a possible budget shortfall of between $2.2 million and $7 million based on a number of factors, including a projected 7-percent decline in enrollment, a projected 50-percent shortfall in state funding and increasing salary costs. Trustees discussed the issue during their Feb. 9 meeting. Board of Trustees Secretary Frank Napolitano said when community colleges were started in Illinois, about one-third of their funding was supposed to come from the state. "The state isn't living up to anywhere near their portion," he said. "At our last discussion, it was around 5 or 6 percent that the state is covering. So the taxpayers and the students are left to cover the rest."

No comments:

Post a Comment