UI would get 2.8% increase in funding

SPRINGFIELD – The state budget sent to Gov. Rod Blagojevich would give the University of Illinois $19.9 million more in operating funds next year, or a 2.8 percent increase.

That would help the university plug a $17 million gap in the $4.1 billion preliminary 2008-09 budget approved by UI trustees in late May. That budget, based on no additional state funding, showed $51 million in new income next year – mostly from tuition – but about $68 million in new costs.

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