Open Modal
On Air Now
Up Next

IVCC adopts 2020 budget

IVCC – File Photo Studstill Media

OGLESBY – Illinois Valley Community College adopted their 2020 budget at Thursday’s board meeting. Revenues increased less than 1 percent and expenditures decreased slightly less than one percent from the 2019 budget.Operating revenues and expenditures are balanced at approximately $22.3 million. Total budget revenues are about $32.1 million, a 1.4 percent increase, and expenditures are $32.3 million, a decrease of 6 percent, from last year’s budget.The $220,000 deficit is in the tort and auxiliary enterprises funds and is covered with existing fund balances in those funds.

Recommended Posts

Loading...