Tuesday, June 24, 2008

Payments Lag from State to Community Colleges

If McHenry County College is any indication, the State of Illinois has community colleges on the "slow pay" list.

A report from MCC President Walt Packard notes,

"State revenue is currently 76% of budget compared to 99% of budget last year."
He points out that payments were almost $580,000 short of what the college had received through May of last year,
"due to a timely delay in the distribution of the fourth quarterly payment from the State."
More junior college stuff at McHenry County Blog.

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