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IVCC budget includes operating shortfall

Posted by wlpo on July 18, 2012

The new building going up at Illinois Valley Community College accounts for a fourth of their budget.  The budget for the new year totals $47 million including $12.5 million for the Peter Miller Community Technology Center.
The IVCC Board of Trustees looked at a tentative budget Tuesday night.  College President Jerry Corcoran says that even without the project, the budget would have them spending more than they plan to take in.

He says their operating budget would have been balanced except for a one-time IT cost.  The board will vote on final budget when they meet in August.

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