- Associated Press - Friday, September 18, 2015

DEKALB, Ill. (AP) - Trustees at Northern Illinois University have approved a $389 million interim budget as lawmakers in Springfield and Gov. Bruce Rauner deal with a budget stalemate.

The (DeKalb) Daily Chronicle reports (http://bit.ly/1LCk5B4 ) that trustees on Thursday approved a budget that is down 8.7 percent from last year’s spending plan. It will be in effect for at least a month. NIU officials are looking to finalize the school’s financial plans and say they’re hopeful that the state adopts a budget by the time trustees’ next meet on Dec. 10.

The NIU budget estimates that the DeKalb school will lose about $27 million in state funding this fiscal year. It anticipates nearly $64 million in state aid, down from about $91 million last year.

NIU Trustee John Butler called the cuts “unprecedented.”

___

Information from: The Daily Chronicle, http://www.daily-chronicle.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide