U of I

U Of I Budget Using FY 2015 Figure As Guideline

May 10, 2016
Wikimedia Commons

  University of Illinois Trustees will soon vote on a budget for the next fiscal year, without knowing how much, if any, state funding, to expect - due to the ongoing budget impasse in Springfield. Normally, the U of I would use the current budget year as a guide when planning for the next one.

But since there’s been no budget, Chief Financial Officer Walter Knorr says trustees will use the state’s appropriation for the previous budget year -- FY 2015 -- as a guide when they meet in Springfield next week. 

Jim Meadows

  Governor Bruce Rauner was met with a mixed reception Thursday, when he stopped at the University of Illinois Urbana campus. The governor was there to congratulate students who had won awards for innovative technology.

Jeff Bossert / Illinois Public Media

The University of Illinois is spending more than $20 million to hire Lovie Smith its new football coach.

And university leaders say they anticipated questions about the money as the state government struggles through tough financial times.

Smith was hired Monday and will be paid $21 million over six years in base salary alone.

University officials say the money comes from donations and sports-related revenue. It does not include tuition or funding that the school typically would get from the state.

YouTube

Fired University of Illinois football coach Tim Beckman says the findings of an investigation, showing he interfered with medical procedures and pressured players to play hurt, are “utterly false.”

In a statement, Beckman also suggests he might take legal action. He says U of I’s decision to fire him violated his contract. Beckman’s firing was announced Friday afternoon. 

U of I Athletic Director Mike Thomas says the investigation’s preliminary findings showed enough evidence that Beckman needed to be dismissed.

University of Illinois / illinois.edu

An outside investigation of women’s basketball at the University of Illinois’s Urbana campus has found no evidence to support claims of abuse or racism by former players.

And athletic director Mike Thomas and Urbana Chancellor Phyllis Wise say there will be no personnel changes after seeing the findings by the Chicago law firm hired by the university to conduct the investigation. But they do expect other changes within U of I women’s basketball and other sports, and some of those were in the works before the lawsuit surfaced.

U Of I Flash Index Rose .4 Since Last Month

Feb 3, 2015
Institute of Government and Public Affairs, U of I

The Illinois economy is at its highest level in nearly a year. 

The U of I’s Flash Index measured 106.8 in January, up four-tenths of a point from the month before.

The Index rose to 107 last winter. But since then, economist Fred Giertz says the state’s economy measured in the 106 range.

facebook.com/missingvicentemundo

The family of missing University of Illinois student Vicente Mundo confirmed he is dead. 

Mundo’s body was found in Savoy on Saturday, and the family identified the remains as a match. The Champaign County Sheriff’s Office says they are treating the case as a homicide.

Mundo was 20 years old and a junior at the U of I, studying statistics. He had been missing since Jan. 25, when he told friends he was going to his car and would be right back.

Institute of Government and Public Affairs, U of I

There is no easy way to repair Illinois’ chronic annual deficit. That’s according to the U of I’s Institute of Government and Public Affairs. 

An analysis from the university's Fiscal Futures Project says the state currently faces a $9 billion annual deficit that will grow to $14 billion in about a decade.

Officials say the state hasn't paid the $159 billion debt, which is more than twice the inflow of revenue in a single year. Solving the debt problem will require a long-term plan that includes tax increases, spending cuts and economic growth.

University of Illinois / illinois.edu

The University of Illinois will get a grant to catalog a collection of rare Italian books it's had for more than nine decades. 

U of I says its Rare Book & Manuscript Library will use the nearly half a million dollar grant to catalog more than 20,000 imprints from the 16th through 19th centuries. 

Northern Illinois University and U of I are part of an interlibrary loan system, but NIU generally would not have access to U of I's rare books and vice-versa.

WNIJ

You might notice roads and bridges in need of repair as you drive around this holiday weekend. But revenue from a key funding source, the gas tax, has been declining.  It's charged per gallon of gas purchased. U of I professor Don Fullerton says it was created on a simple concept:

"The more you drive, the more gas you use.  The more you ought to have to pay for the road. It's sort of a benefit principle of taxation."

Improved mileage in vehicles means less gas is being used. Fullerton says change is needed to keep up with demand:

Pages