EIU President David Glassman says layoffs and furloughs have helped the school cut its budget deficit from $13 million to $1 million. Glassman gave his State of the University address on Monday. He says cost-cutting isn't over but any additional layoffs would be small. EIU doesn't have a state appropriation because GOP Gov. Bruce Rauner and Democratic leaders in the Illinois Legislature haven't settled on a state budget for the current fiscal year. Glassman also cut intercollegiate athletics' funding by 20 percent, or $320,000, which athletic director Tom Michael says will have an impact but is necessary. Glassman says EIU earned about $500,000 from enrollment increases and will receive another $400,000 by charging card holders credit card fees for tuition payments
Eastern Illinois U Deficit Minimized
