NEIUPI

The UPI Local 4100 website has a collection of articles and editorials about the Illinois fiscal crisis from around the state. I will continue to post some of these publications to the NEIU/UPI listserv but don’t want to clog your email with each posting made by the local. When time permits check it out.

Waiting for Cash in Illinois

January 6, 2010

It’s easier to promise money than to pay it out. That’s the tough lesson being learned in Illinois, where revenue shortfalls have left public colleges with a backlog of $770 million in appropriations approved by lawmakers and still undelivered.

Faced with its own backlog of $436 million, the University of Illinois System announced furlough and hiring freeze plans Tuesday that would trim $82 million from its operating budget. The effort is designed to buy the university some time as officials wait for money that few believe will arrive in full before the end of the fiscal year, June 30. Though the 2009-10 fiscal year is already half over, the Illinois system has received just 7 percent of the funds the state appropriated to it for the year that began July 1.

Read more at Inside Higher Ed