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NIU seeks $760 million for renovation, construction

DeKALB – NIU requested about $760 million from the Illinois Board of Higher Education at a Special Meeting of the Board of Trustees to fund major renovations, infrastructure upgrades, and the completion of the new Health Technology Center. The IBHE capital budget request is made of two components – regular capital project priorities, for things. ....

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Board reports $18 million deficit for 2023 fiscal year

DeKALB – An $18 million operating deficit for the fiscal year 2023 was reported by NIU’s Finance, Audit, Compliance, Facilities and Operations Committee. The deficit of $18,563,414 is in part the result of the university earning $4.6 million less than budgeted in revenue from Sales and Miscellaneous and Investment income in its structural budget. The. ....

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