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|FIRST ON WGIL: Tax Levy, Teachers' Contract, and What the State Isn't Paying Discussed at CSC Board Meeting
|POSTED 11:49pm 11/17/09 To say officials and administrators at Carl Sandburg College are displeased with the state of Illinois and its continued inability to pay bills on time is an understatement.
The CSC Board of Trustees learned Tuesday night that, to say the least, the state owe the college a LOT of money, and board member John Huston of Carthage says he learned at a weekend meeting of the Illinois Community College Trustees Association that it won't get any better any time soon.
Huston says out of $5.5 million the state will owe this fiscal year to the college, only about $500,000 has been paid, and that he won't expect the college to get any more money the rest of the fiscal year.
"A big part of that problem is, the state's borrowed short-term money to plug budget hole gaps, and that short-term money comes due before the end of the (fiscal) year," Huston said. "So by June 30th, they have to repay two-billion dollars in short-term money they've borrowed."
In other words, Huston says the six months behind the state already in paying its bills won't get any better, because the state will be paying back short-term borrowing at the same time another community college payment is due.
Huston describes the situation as "extraordinarily serious" since the state aid represents about a third of the college's operating budget.
Speaking of which, the CSC board Tuesday night approved a tentative property tax levy request totaling about $8.8 million that will be finalized in December.
The board also approved a two-year so-called "rolling collective bargaining agreement" extension with the Sandburg Education Association, that now extends the current current contract to 2014, and provides pay raises of nearly four-percent each of those two years.
|11 18 09 by Newsroom
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