Massmail Archive 20070827093328-020990

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      To: All Faculty & All Academic Professionals & All Civil Service Staff
           <everybody@illinois.edu> 
    From: "President B. Joseph White" <presidentwhite@uillinois.edu>

Reply-To: presidentwhite@uillinois.edu
 Subject: MASSMAIL - FY2008 Budget Summary

Dear Colleagues,

	I write to inform you that the state of Illinois 2008 budget 
appropriation for the University of Illinois is final and that for the 
second consecutive year the University will receive an increase in its 
base state revenue. The increase totals $13.3 million, or 1.9%, and brings 
the University's total general revenue fund appropriation to $722.3 
million (including legislative initiatives) for fiscal year 2008, which 
began on July 1.   

	Having our state appropriation finalized after an historic budget 
legislative session provides the University with certainty now about state 
funding for fiscal 2008 and allows us to move forward with a salary 
program, which I have authorized. 

	In addition to the base appropriation, the state will contribute 
an estimated $441 million in fiscal 2008 to U. of I. faculty and staff 
pensions and health care, bringing the state's total assistance to $1.16 
billion of the University's $3.9 billion annual budget. Additional details 
about the U. of I. budget can be found at  
        http://www.uillinois.edu/our/news/2008Budget.cfm.

	It is a relief to have this vital piece of the University's total 
resources equation in place as we begin the new academic year on our three 
campuses. Thank you for your patience and, as always, for your good work 
and dedication on behalf of the University of Illinois. And best wishes 
for a successful new school year.

	Sincerely,

	B. Joseph White
	President   
This mailing approved by:
The Office of the President
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