UI board OK's larger operating, capital budget requests
CHICAGO — To soothe inflationary costs, buff student supports and help fund its faculty hiring drive, the University of Illinois System is requesti...
CHICAGO — To soothe inflationary costs, buff student supports and help fund its faculty hiring drive, the University of Illinois System is requesting an 11.7 percent-larger infusion of state operating funds for next fiscal year.The UI board of trustees OK'd the system's plan Thursday to request $731.77 million in operating funds and $682.9 million in capital funds from the state for use in fiscal 2024.The request will go to the Illinois Board of Higher Education, governor and state legislature for their consideration.