Tuesday, April 16, 2013
Illinois Owes Western Illinois University $46.8 Million - Angie Sharp, WQAD
On March 22, 2013, WIU President Jack Thomas put out a Press Release, stating that “the State of Illinois owes WIU a total of $46.8 million.” “Because of the University’s current cash flow situation, it is imperative that we continue to conserve as many resources as possible,” the Press Release states. “All departments are asked to limit spending to immediate operational needs only. All hiring will be evaluated on a position by position basis.” WQAD asked Dr. Joseph Rives, Vice President of WIU’s Quad Cities Riverfront Campus in Moline, what that means for WIU-QC. “We maintain a very conservative fiscal management so no expenditures over $500 are allowed unless it’s reviewed and approved by the Vice President,” Dr. Rives told News 8′s Angie Sharp.
http://wqad.com/2013/04/01/illinois-owes-western-illinois-university-46-8-million/