Under the Governor’s Fiscal Year 2008 budget proposal, the Chicago City Colleges would again receive a special grant for $15 million above their base funding. First implemented in 2004, this grant provides five times the amount needed to fill the gap created by the City’s property tax cap. If approved by the legislature, the City Colleges will see a nearly 36% increase in their funding while other community colleges see cuts or virtually no increase.
Since 2004, the City Colleges have received nearly 40% more funding from the Illinois Community College Board while downstate colleges have seen up to a 23% reduction in State funding over that same period of time.
Additionally, in this same timeframe, funding for the City Colleges has captured 93% of the total increase to all community colleges.
No comments:
Post a Comment