When lawmakers made performance-based budgeting the law in Illinois, they promised it would transform the way the state spends money. But after years of failing to invest in the program, backers say Illinois is finally getting serious about Budgeting for Results.
Illinois’ new state budget means more money for community colleges, including Parkland College in Champaign. The 5% increase in state funding for higher education translates into an estimated $200,000 for Parkland College, according to the college’s chief financial officer, Chris Randles.
Illinois lawmakers are back in Springfield Monday. They’ve got a long to-do list — with just five days until the end of session.
With growing support among politicians and the public, Illinois could likely legalize recreational marijuana as soon as next year. But, passing legislation may hinge on where the revenue will go.
The University of Illinois is slated to receive an extra $11.6 million under the new state budget approved by lawmakers this week. U of I President Timothy Killeen said the two percent increase in state spending on higher education will bring the university system’s total budget for the next fiscal year to just under $600 million.
