Transcript Fiscal Year 2006 Higher Education Appropriations

Fiscal Year 2008 Higher
Education Appropriations
Governor’s Action
Illinois Board of Higher Education
October 2, 2007
FY 2008 Gov’s Action
Total
$ Change % Change
$2,500.0
General Funds
$2,205
-$18
$2,250.0
-0.8
$2,000.0
$1,750.0
GF & State Pension Fund
$2,545
$135
5.6
$1,500.0
$1,250.0
$1,000.0
$750.0
$500.0
GF, SPF & Student Loan
Operating Fund
$2,545
$ in Millions
$74
3.0
$250.0
$0.0
FY07
GF
FY08
GF & SPF
GF, SPF & SLOF
FY 2008 Gov’s Action
Total
$ 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
$2,250.0
$2,000.0
$1,750.0
$1,500.0
$1,250.0
$1,000.0
$750.0
$26.8 million for MAP from GRF to
replace Student Loan Operating Fund
(portfolio sales), no MAP Plus funding
$500.0
$250.0
$0.0
FY07
FY08
*Does not include retirement (SURS)
O&G
$ in Millions
O&G+SLOF
FY 2008 Gov’s Action
FY08 Distribution by Recipient
FY07 Distribution by Recipient
IBHE
Grants
2%
Agencies
1%
SURS
10%
Agencies
0%
IMSA
1%
SURS
14%
IBHE Grants
1%
ISAC
19%
ISAC
17%
Universities
54%
Adult Ed
2%
Community
Colleges
12%
Universities
53%
Adult Ed
2%
Community
Colleges
12%
Total = $2,471.3 million
Total = $2,545.2 million
Includes GF, SLOF for MAP & MAP
Plus, and State Pension Fund
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 addons; 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
–
–
–
–
–
$57k University Center of Lake County
$0.0 IMSA
$2k SUCSS
-$7k IBHE
-$5.5k ICCB
• Governor’s GRF Action
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