Fiscal year 2009 budget recommendations for higher education
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Fiscal Year 2009 Budget Recommendations for Higher Education. Illinois Board of Higher Education February 22, 2008. FY09 Investment Budget. FY09 operations and grants budget recommendations consist of a set of five investment levels

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Fiscal Year 2009 Budget Recommendations for Higher Education

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Fiscal year 2009 budget recommendations for higher education

Fiscal Year 2009 Budget Recommendations for Higher Education

Illinois Board

of Higher Education

February 22, 2008


Fy09 investment budget

FY09 Investment Budget

  • FY09 operations and grants budget recommendations consist of a set of five investment levels

  • Different investment levels demonstrate how the State can achieve its higher education goals at different levels of state funding

  • Investment budget recognizes revenue uncertainty and other State priorities


Fy09 budget priorities

FY09 Budget Priorities


Fy09 operations grants

FY09 Operations & Grants


Fy09 operations grants1

FY09 Operations & Grants


Fy09 operations grants2

FY09 Operations & Grants


Fy09 operations grants3

FY09 Operations & Grants


Fy09 base

FY09 Base

  • Funds higher education at the current base investment level of $2.19 billion

  • Base level excludes one-time add-ons

  • State is also contributing $618.3 million in FY08 for pensions and group insurance


Fy09 step two

FY09 Step Two

  • 1.0 % increase -- $22.4 m

    • Faculty and Staff Salaries

    • Base Operating & Equalization

    • College and Career Readiness

    • Adult Ed

    • MAP

    • Nursing

    • CAS, Data


Fy09 step three

FY09 Step Three

  • 2.7% Increase -- $59.7 m

    • Faculty and Staff Salaries

    • Base Operating & Equalization

    • College and Career Readiness

    • Adult Ed

    • MAP

    • Nursing

    • Matching Grants

    • CAS, Data


Fy09 step four

FY09 Step Four

  • 6.4% Increase -- $139.3 m

    • Faculty and Staff Salaries

    • Utility Costs

    • Nursing Programs

    • Base Operating & Equalization

    • Student Success Grants

    • College and Career Readiness

    • Adult Ed

    • MAP

    • Veteran Grants, ING Grants

    • Nursing

    • Matching Grants

    • DFI

    • CAS, Data, P-20 Council

    • Baccalaureate Completion Grants

    • Campus Security Initiatives

    • IMSA Deferred Maintenance


Fy09 step five

FY09 Step Five

  • 9.2% Increase -- $201. m

    • Faculty and Staff Salaries

    • Utility Costs

    • Nursing Programs

    • Base Operating & Equalization

    • Student Success Grants

    • College and Career Readiness

    • Adult Ed

    • MAP

    • Veteran Grants, ING Grants

    • Nursing

    • Matching Grants

    • DFI

    • CAS, Data, P-20 Council

    • Baccalaureate Completion Grants

    • Campus Security Initiatives

    • IMSA Deferred Maintenance


Fy09 capital improvements overview

FY09 Capital Improvements Overview

  • $805.8 Million Recommended

    • Requests Total $2.0 billion

  • Capital Renewal: $60.0 million

    • Highest priority

  • Regular Capital: $523.0 million

    • 33 projects; 30 have appeared in previous IBHE recommendations

  • $222.9 million Opportunity Returns projects

    • 6 projects with some funding already released

  • Continued Support for CC Enhanced Construction


Fy09 recommendations summary

FY09 Recommendations Summary

  • Focus on the highest priorities articulated by the Board and higher education community

  • Investment levels

  • Sensitive to uncertain state fiscal environment


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