Sunday, November 8, 2009 East Central Illinois

UI officials taking steps to pay off 5-year deficit

By Julie Wurth
Sunday, March 16, 2008 9:42 AM CDT

URBANA – The University of Illinois is refinancing debt and exploring other cost-saving measures to plug a $117.6 million hole in its utility budget.

It's also adding staff and reshuffling duties to improve oversight of utility finances, as recommended by state auditors.

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