Sep 27, 2016BoardMeeting
BoardBoard of Illinois Community College District No. 519 Budget Work Session
The board reviewed the FY17 permanent budget, discussing changes made since the tentative budget approval. Topics included revenue projections, including property tax revenues across multiple counties and funding from the Foundation and State. The board analyzed expenditure projections, fund balance status relative to recommended guidelines, and tuition revenue expectations. Additionally, inquiries were made regarding the costs associated with the College's Top Scholars program.