OGLESBY — Illinois Valley Community College trustees approved a $41.6 million tentative budget July 16 that has $7.35 million in revenues and expenditures for the ongoing Community Instructional Center project which includes construction of the Peter Miller Community Technology Center.
The budget has $41,672,430 in revenues — an 11.8 percent decrease from Fiscal 2013 - and $43,392,146 in expenditures — an 11.1 percent decrease.
Operating revenue is $22,502,516 compared to last year’s $21,008,138, an increase of $1,494,378 or 7.1 percent. Operating expenditures are $22,475,516 compared to last year’s $20,981,138, an increase of $1,494,378, or 7.1 percent.
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