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Higher Education State Budget



Fiscal Affairs & Budgeting



The Illinois Board of Higher Education (IBHE) is required to annually submit to the Governor and the General Assembly budget recommendations for the ensuing fiscal year for higher education programs, pursuant to Section 8 of the Board of Higher Education Act. (110 ILCS 205)

The Fiscal Affairs division is responsible for researching, analyzing, and developing the annual recommendations with guidance from the Board members, information from the public universities and higher education agencies (Illinois Community College Board, Illinois Student Assistance Commission, and State University Civil Service Commission) and assistance from staff. In addition, the IBHE is to submit the recommendations from the Illinois Mathematics and Science Academy pursuant to Section 9.18 of the Act. Each year the Board members review information regarding the context for budget development, consider the staff recommendations, and approve a final budget recommendation for higher education that is submitted to the Governor and General Assembly.

The Budget Office supports the daily operations of the Board and meets the fiscal requirements set by the laws, rules, regulations, and directives. The requirements includes performing daily operational accounting, processing payroll and benefits, purchasing, maintaining accounting records, providing financial reports, and meeting all compliance requirements. 

Budget Recommendations

Fiscal Year 2026


Fiscal Year 2026 Higher Education Budget Recommendation: Presentation (PDF) (1/2025) (1/2026)
Fiscal Year 2026 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (PDF) (1/2025)

Fiscal Year 2025


Fiscal Year 2025 Higher Education Budget Recommendation: Presentation (PDF) (1/2025)
Fiscal Year 2025 Governor Pritzker's Higher Education Budget Recommendations (PDF) (2/2024)
Fiscal Year 2025 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (PDF) (1/2024)


Fiscal Year 2024


Fiscal Year 2024 Governor Pritzker’s Budget Recommendations: Historic Investments in Higher Education (PDF)(2/2023)
Fiscal Year 2024 Governor Pritzker’s Budget Recommendations: Press Release (PDF) (2/2023)
Fiscal Year 2024 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (PDF) (1/2023)
Fiscal Year 2024 Higher Education Budget Recommendations: Presentation (PDF) (1/2023)
Fiscal Year 2024 Higher Education Budget Recommendations: Press Release (PDF) (1/2023)


Fiscal Year 2023


Fiscal Year 2023 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (PDF) (1/2023)
Fiscal Year 2023 Higher Education Budget Recommendations: Presentation (PDF) (1/2022)
Fiscal Year 2023 Higher Education Budget Recommendations: Press Release (PDF) (1/2022)
Fiscal Year 2023 Governor Pritzker’s Budget Recommendations: Press Release (PDF) (2/2022)
Fiscal Year 2023 Governor Pritzker’s Budget Recommendations: Historic Investments in Higher Ed (PDF) (2/2022)


Fiscal Year 2022


Fiscal Year 2022 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (PDF) (1/2021)
Fiscal Year 2022 Higher Education Budget Recommendations: Supplemental Data (PDF) (1/2021)
Fiscal Year 2022 Higher Education Budget Recommendations: Presentation (PDF) (1/2021)

Fiscal Year 2021


Fiscal Year 2021 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (pdf) (12/2019)

Fiscal Year 2020

Fiscal Year 2020 Budget Recommendations Major Highlights (pdf) (12/2018)
Fiscal Year 2020 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (pdf) (12/2018)

Fiscal Year 2019

Fiscal Year 2019 Budget Recommendations Major Highlights (pdf) (2/2018)
Fiscal Year 2019 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (pdf) (2/2018)
Governor Rauner’s Fiscal Year 2019 Budget Proposal Memo (pdf) (2/2018)

Fiscal Year 2018

Fiscal Year 2018 Budget Hearing Data Sheet (pdf) (4/2017)
Fiscal Year 2018 Higher Education Budget Recommendations: Operations, Grants, and Capital Improvements (pdf) (12/2016)
FY 2018 Governor’s Introduced Budget for Higher Education Memo and General Funds Summary (pdf) (2/2017)


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Tuition, Fees and Subsidies




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