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CFO News
News from the Office of the Vice President/Chief Financial Officer and Comptroller

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  • U of I System trustees approve $8.3B budget that emphasizes academic excellence, student affordability

    The University of Illinois Board of Trustees today approved an $8.3 billion operating budget for the current fiscal year, representing a 6.2% increase from FY 2024 and prioritizing student support, academic excellence and affordability. 

  • DeMarco and Johnson join Governor Pritzker to announce the Illinois DARPA Quantum Proving Ground

    Illinois Grainger Engineering physics professor Brian DeMarco stood on stage in Chicago on Tuesday when Illinois Governor J.B. Pritzker announced the new federal- and state-funded Quantum Proving Ground (QPG), which promises to combine scientific rigor with industry and academic expertise to design the future of quantum computing.

  • 2024 tour reinforces higher ed’s role in fueling statewide economic vitality

    In their fourth annual tour of the state, leaders from the University of Illinois System and its three universities are meeting with public- and private-sector officials to build on existing partnerships and initiatives and shape new ones throughout Illinois that are directed at driving economic development through key areas such as research and tech innovation, additional education pathways, commitment to access and affordability, sustainability awareness and action, health education and health care access.