Executive Director James Applegate sent an email to the presidents, obtained by the Springfield bureau of Lee Enterprises newspapers (http://bit.ly/1xMfv03 ), saying the schools should be prepared for possible funding cuts of up to 30 percent over the next 18 months. He described it as “bad budget news.”“They have asked us to prepare a budget recommendation for (fiscal year 2016) involving a 20 percent reduction. We may also be asked to create spending reserves of 5 percent or 10 percent out of our existing budget for the remainder of (fiscal year 2015),” Applegate wrote.Rauner spokesman Mike Schrimpf told The Associated Press on Monday that the Republican’s transition team was not ordering budget cuts but seeking information on how a rollback of the state’s temporary income tax would affect state agencies.Schrimpf said the team met with officials from many agencies — not just the universities — as part of Rauner’s own budget preparing process. He said the agencies were asked to “be prepared to talk about” budgets without the extra spending “as a starting point.”….
Read more: Illinois universities asked to explore budget cuts - News - Rockford Register Star - Rockford, IL
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