Fiscal Year 2008 Higher Education

Appropriations

Governor’s Action

Illinois Board of Higher EducationOctober 2, 2007

FY 2008 Gov’s ActionTotal $

Change%

Change

General Funds

$2,205

-$18 -0.8

GF & State Pension Fund

$2,545

$135 5.6

GF, SPF & Student Loan Operating Fund

$2,545

$74 3.0

$0.0

$250.0

$500.0

$750.0

$1,000.0

$1,250.0

$1,500.0

$1,750.0

$2,000.0

$2,250.0

$2,500.0

FY07 FY08

GF GF & SPF GF, SPF & SLOF

$ in Millions

FY 2008 Gov’s ActionTotal $

Change%

Change

Institutional Operations & Grants* -- General Funds

Only

$2,200

$45.8 2.1

Institutional Operations & Grants -- GF w/ SLOF

$2,200

-$15.3 -0.6

$26.8 million for MAP from GRF to replace Student Loan Operating Fund (portfolio sales), no MAP Plus funding

*Does not include retirement (SURS)

$0.0

$250.0

$500.0

$750.0

$1,000.0

$1,250.0

$1,500.0

$1,750.0

$2,000.0

$2,250.0

FY07 FY08

O&G O&G+SLOF

$ in Millions

FY 2008 Gov’s ActionFY07 Distribution by Recipient

Universities54%

Community Colleges

12%

Adult Ed2%

ISAC19%

Agencies1%IBHE

Grants2%

SURS10%

Total = $2,471.3 million

Includes GF, SLOF for MAP & MAP Plus, and State Pension Fund

FY08 Distribution by Recipient

Universities53%

IMSA1%

Agencies0%

IBHE Grants1%

ISAC17%

Adult Ed2%

Community Colleges

12%

SURS14%

Total = $2,545.2 million

Includes GF and State Pension Fund (no SLOF approp. for MAP, MAP+)

FY 2008 Gov’s Action

A refresher on IBHE FY 2008 priorities:

• Improving College Affordability• Enhancing Faculty and Staff Support• Base Operating and Equalization Grants• Performance Contracts for Nursing and

Teacher Preparation• Data Integration• STEM Diversity• Protecting the State’s Investment in

College and University Facilities

FY 2008 Gov’s Action – Public Universities

• IBHE Recommendations $1,351.4 M $17.9 M 1.3%

• 2% increase after adjusting base to remove add-ons, 1.5% increase for personal services plus $6.6 million for performance contracts

• Governor’s Action $1,357.1 M $23.5 M 1.8%

• General Assembly appropriated 2.0% to personal services, no performance contracts; Governor’s vetoes reduced increase to 1.9% for personal services; some FY08 add-ons

FY 2008 Gov’s Action – Community Colleges

• IBHE GRF Recommendations $310.7 M $4.6 M 1.5%

• 2% increase after adjusting base to remove add-ons; increase unrestricted grants by $5.0 M plus $1.0 million for performance funding

• Governor’s Action GRF $309.9 $3.9 M 1.3%

• $7.3 million for Veteran Grant Shortfall and $750k for College and Career Readiness pilot; veto Student Success Grant, GA increase to Base Operating Grants, and several Designated Grants

FY 2008 Gov’s Action – ISAC• IBHE GRF Recommendations

$411.6 M $10.7 M 2.7%– Increase funding for MAP, Silas Purnell IIA, and Dependents

Grants; fund Nurse Educator Loan Repayment– Maintain SLOF funding for MAP, MAP Plus

• Governor’s Action $429.2M $28.2 M 7.0%– Shift $26.8 million for MAP from SLOF to GRF, but no

increase in total MAP; no increase for IIA; no funds for MAP Plus

– Nurse Educator Loan Repayment and Veterans’ Home Nurses

– Veto of Forensic Science Scholarship and reduction of Bonus Incentive Grant appropriation

FY 2008 Gov’s Action – Grants

• IBHE GRF Recommendations $41.4 M $300 k 0.7%

• $600k for data integration; fund STEM Diversity, remove legislative add-ons

• Governor’s GRF Action $31.4 M -$9.8 M -23.7%

• No data integration; veto Matching Grant Program ($9.5M); reduce Nursing School Grants; includes STEM Diversity

FY 2008 Gov’s Action – Agencies

• IBHE GRF Recommended Increases– $42k University Center of Lake County– $265k IMSA– $19k SUCSS– $44k IBHE – $32k ICCB

• Governor’s GRF Action– $57k University Center of Lake County– $0.0 IMSA– $2k SUCSS– -$7k IBHE– -$5.5k ICCB

FY 2008 Gov’s Action – SURS– $4.7 M from General Funds for CC Retiree

Health– $340.3 M from State Pension Fund– Funded at actuarially required level

FY 2008 Gov’s Action Summary• Universities will benefit from increases for faculty

and staff salaries, but many (public and independent) will miss Matching Grants

• Community colleges will benefit from additional funds for Veterans Grants, but will miss Student Success Grants and additional funding for base operating and equalization grants

• MAP shift to GRF gives FY07 increases greater permanence, but did not allow for an increase in awards or number of students served; nurses and nurse educators will benefit from loan repayment

• SURS funding back to actuarially required level• New capital projects still uncertain, but very

extensive capital bill and funding sources currently being considered by General Assembly