U of I

Budget Deficit
6:17 am
Tue January 20, 2015

U Of I Report: Illinois' Budget Getting Worse

Credit 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.

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6:24 am
Tue December 23, 2014

U Of I Receives Grant To Catalog Rare Italian Books

Credit 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.

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6:36 am
Fri November 28, 2014

Revenue From Gas Tax For Road Repairs Declining

Credit 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:

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U of I College of Medicine at Rockford
5:22 pm
Tue February 12, 2013

Dean Of Rockford's Medical School Resigning

Regional Dean Martin Lipsky to leave the University of Illinois College of Medicine at Rockford March 7th.
Credit U of I College of Medicine at Rockford

The head of the University of Illinois College of Medicine at Rockford is moving on. Regional Dean Dr. Martin Lipsky announced his resignation today, after serving in the position for nearly a decade.

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