University of Illinois officials asked to create budget report

CHAMPAIGN - The Illinois Board of Higher Education and the Illinois Office of Management and Budget have asked University of Illinois officials to create a report that would reflect a 20 percent cut in state funding for the Champaign-Urbana campus.

According to a spokesperson for Governor-elect Bruce Rauner, the request was part of the future governor's budget-preparation process.  In the requested report, state funding for the university's Urbana-Champaign campus would be cut from $670 million to $536 million.  University of Illinois Vice President for Academic Affairs Christophe Pierre says the campus will have a better idea on how to go about its budget when Rauner gives his first budget address.

State agencies, which include universities, were asked by Rauner's transition team about how they would be affected by the rollback of Illinois' income tax from five percent to 3.75 percent.
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