UI bracing for possible budget troubles
The University of Illinois is bracing for possible cuts in state funding.
Earlier this week, Gov. Rod Blagojevich revealed plans to deal with the state's budget deficit by, among other things, asking higher education to hold back up to 8 percent of general state revenue funding.
University budget staff and campus administrators are, UI spokesman Tom Hardy said, "sharpening their pencils," drafting several scenarios that would detail how the university would deal with any possible rescissions. University President B. Joseph White is expected to review the drafts in December.
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