University of Illinois eyes seeking 16% funding boost

URBANA, Ill. (AP) – University of Illinois officials are planning to seek a 16.5 percent funding boost from the state toward making up money it lost from the state’s long budget standoff.

University administrators say they’ll ask the Board of Trustees next week to support a state funding request of $692.5 million. The (Champaign) News-Gazette reports university leaders say that would still fall below 2010 funding when adjusted for inflation.

The funding request will cover the university’s Urbana-Champaign, Chicago and Springfield campuses.

Executive Vice President Barbara Wilson says the university system received only about 28 percent of its typical state funding in 2016. She says that shortfall hasn’t been replenished.

About two-thirds of the funding increase would go toward pay raises and faculty recruitment and retention.