ISU’s budget balanced after millions of dollars cut, still room for non-union staff to get raises – WEEK (Peoria)

ISU’s budget balanced after millions of dollars cut, still room for non-union staff to get raises – WEEK (Peoria)

President Aondover Tarhule said the administration has changed ISU’s budgeting process for the first time in decades, basing spending on projected revenues. For example, administrators are assuming student enrollment will increase 2.6 percent in fiscal year 2026, and they expect a 3 percent increase in state funding, although ISU has contingency plans in case the university receives just a 1 percent gain.