University of Illinois

University Budget

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The fiscal year 2010 operating budget for the University of Illinois is more than $4.66 billion, including state of Illinois general revenue funds of $747.1 million and $679.2 million in payments-on-behalf of the university for employee benefits (health care and pensions). The FY10 total budget is a $498 million increase over fiscal year 2009. FY10 started July 1, 2009, and will end June 30, 2010.

The University of Illinois revenue budget is derived from numerous sources (FY2010 graphic) including state of Illinois appropriations, student tuition and fees, sponsored research, gifts and endowments, auxiliary operations income (bookstore), and earnings from the UIC hospital and medical plans.

At its November 2009 meeting, the Board of Trustees approved the operating budget for the 2010 fiscal year that started on July 1, 2009.

Also at the November meeting trustees began the 2011 budgeting process with its request for general revenue and capital appropriations. The University seeks a general revenue operating fund increase of $96.7 million (a 6.4 percent increase) from the state. For Healthy Returns — the Illinois Bill of Health, the University requests $15.5 million; $10 million is requested for medical professional liability insurance.

The University’s FY 2011 Capital Budget Request consists of 10 priorities at a total cost of $484 million. Repair and renovations funds of $60 million to attack deferred maintenance on the University’s three campuses are the top priority.

Next steps for fiscal 2011 state appropriations to the University are recommendations from the Illinois Board of Higher Education, the governor’s address and legislative action.

For more information about the budget, check:

• FY 2011 Budget Request for Operating and Capital Funds
• Budget Summary for Operations, FY 2010 the "orange book"

Dec 18, 2009