ERIC Number: ED307911
Record Type: Non-Journal
Publication Date: 1989-May
Reference Count: N/A
A Fiscal Profile of the Illinois Public Community College System, Fiscal Years 1966-1988.
Illinois Community Coll. Board, Springfield.
An overview is provided of the fiscal development of the Illinois public community college system. Introductory sections consider the history and administrative structure of the system, and explain special funding provisions of the Public Junior College Act of 1965. The next section provides a profile of past state appropriations, focusing on average tuition rates since 1967, credit hour grant rates between 1966 and 1988, equalization grants, special funds for restricted purposes and needs, and other miscellaneous grants. Next, an explanation is provided of the present funding plan, which relies upon three major sources of funding: (1) state appropriations in the form of credit hour grants and other special grants, which together represent 31% of the colleges' revenues; (2) local funding through property tax assessments, which provides another 40.9% of the revenue; and (3) student tuition and fee charges, which contribute 23.1%. This section also includes a breakdown of total state appropriations from 1966 through 1988, of local property tax equalized assessed valuations for 1969 through 1987, and of changes in sources of college operating revenues between 1983 and 1988. Worksheets illustrating the state's community college funding plan are appended. (JMC)
Publication Type: Reports - Descriptive; Numerical/Quantitative Data; Historical Materials
Education Level: N/A
Authoring Institution: Illinois Community Coll. Board, Springfield.
Identifiers - Location: Illinois