Thursday, February 04, 2010
 
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U of I to trim $82 million from budget

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[February 04, 2010]  URBANA (AP) -- As the University of Illinois announces plans to trim $82 million from its operating budget, Gov. Pat Quinn says all parts of state government must economize.

HardwareUniversity President Stanley Ikenberry says the cuts are needed because the school is due $436 million in unpaid state appropriations.

On Tuesday, Quinn said the university should get some relief after the state does a round of borrowing later this month. That money will give the state some much-needed cash to pay a backlog of bills.

To save money, the university is forcing its faculty and staff to take four unpaid furlough days. Top administrators will take 10 days. Employees who make $30,000 or less are exempt.

Other state workers also have had to take furlough days as the state grapples with a growing deficit.

[Associated Press]

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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