WIU Board of Trustees Approves FY'15 Spending Plan
June 6, 2014
MACOMB/MOLINE, IL -- The Western Illinois University Board of Trustees approved the University's FY'15 preliminary spending plan of $243.9 million at its meeting today (June 6).
The spending plan, an increase of approximately $2.3 million over the Fiscal Year 2014 plan, is based on the same amount of state appropriations ($52.7 million) as the last fiscal year. However, a proposed bill is currently before Gov. Pat Quinn, which, if signed, will reduce WIU's state appropriation by $125,800 for FY15. The University's All Funds Operating Budget will be presented to the Board in October.
The Board also granted President Jack Thomas the authority to approve a contract to construct a greenhouse to support research, scholarly activities and grants. The total cost of the project shall not exceed $600,000. In addition, the Board granted Thomas the authority to approve the contract to construct a parking lot to support the Center for Performing Arts. The total cost shall not exceed $1.5 million.
The Board approved a favorable evaluation of Thomas' performance, and voted to provide a two percent salary increase (FY'14 salary $265,224).
In other business, the Board approved positive tenure recommendations for 32 faculty members (see separate release); a three-year contract for the International Union of Operating Engineers Local 399 (Landscape Maintenance Unit); and a memorandum of agreement with AFSCME (Building Services Unit); and elected officers for the 2014-2015 year (see separate release).
The WIU Board of Trustees will hold a retreat July 10-11 in Macomb. The next regularly scheduled meeting will be held Oct. 3 on the WIU-Macomb campus.