SIU cutting $10.4 million from general operating budget, plus $3 million from Athletics – The Southern Illinoisan* (Carbondale)

SIU’s vice chancellor for Administration and Finance said the Carbondale campus is also reviewing its tuition discounting practices, much of which relies upon the granting of tuition waivers. Identifying cash funding to use instead of waivers “will improve our bottom line even with the same number of students,” she said.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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