URBANA, Ill. (AP) — The University of Illinois is seeking about a 4 percent increase in state funding for the 2016 fiscal year.
The Champaign News-Gazette reports Tuesday that the school requested a $68 million increase in operating funds. It would be the first time since 2009 that the state’s flagship school received a boost in state funding.
The school currently is operating on $1.4 million less than last year.
Christophe Pierre is vice president for academic affairs. He told school trustees Monday night that state funding and a state overhaul of its pension system are uncertain. So is federal support for research. But health-care costs are rising and the school is nearing the upper limits on tuition rates.
The proposed budget includes $40 million for “competitive compensation” for faculty.