CHAMPAIGN, Ill. (AP) — University of Illinois trustees are set to vote on a resolution urging state lawmakers to end an impasse and pass a budget.
The (Champaign) News-Gazette reports the resolution set for a vote Thursday urges immediate adoption of a budget. The resolution also says the university has taken steps to cut spending and plan for “shared sacrifice” in light of state financial challenges.
Illinois colleges haven’t received state funding since July 1. University of Illinois President Tim Killeen told lawmakers Tuesday that the university is going through cash reserves at a rate of $75 million per month, and that the university would be “very different” if there’s still no budget next spring.
University of Illinois students who get need-based financial aid from the state were told Tuesday they might be billed for part of their grants next semester.