7/15/2014 1:38:00 PM UI could request 4 pct. state funding increase
URBANA, Ill. (AP) — The University of Illinois is seeking about a 4 percent increase in state funding for the 2016 fiscal year.
The (Champaign) News-Gazette reports today that the school requested a $68 million increase in operating funds. It would be the first time the state’s flagship school received a boost in state funding time since 2009. Nearly all of that $19 million was later withdrawn.
The school currently is operating on $1.4 million less than last year.
Christophe Pierre is vice president for academic affairs. He told school trustees at a meeting Monday that the state budget and an overhaul of the state’s pension system are uncertain. So is federal support for research. But health care costs are rising and the school is nearing the upper limits on tuition rates.
“Even though our state appropriations have remained stagnant at best, it’s important to remain optimistic,” he said.
The proposed budget includes $40 million for “competitive compensation” for faculty. The rest of the money would be allocated for facility updates and payroll increases.