University News
Budget Update
December 1, 2008
Dear Campus Community,
As you are probably aware, the state is dealing with a $2 billion shortfall in its FY09 budget. On Wednesday, Nov. 26, I received notification from the Illinois Board of Higher Education (IBHE) that the Governor's Office of Management and Budget requested a 2.5 percent reserve of public higher education institutions' general revenue budgets for the current fiscal year (FY09). For Western Illinois University, this means $1.5 million from our FY09 appropriated general revenue budget.
Please know that we have been preparing for budget emergencies with our vice presidents prior to this announcement, and we can meet the governor's request from our central emergency reserves. We used our emergency reserves last year to complete the emergency replacement of chillers.
While we will meet this request centrally, all University offices should limit spending to immediate operational needs. The vice presidents and I will continue to closely monitor expenditures, including hiring, travel and other purchases.
Please know that I appreciate all of the support during these difficult and uncertain budgetary times. We will continue to review this issue with our legislators and others. We will provide additional information on our FY09 and FY10 budgets once it is available. Again, thanks so much for all of your assistance, patience and support.
Sincerely,
Alvin Goldfarb
President
Posted By: University Communications (U-Communications@wiu.edu)
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