SB3898 Summary

• Appropriates $519,784,000 total for the Illinois Community College Board for fiscal year beginning July 1, 2024, comprised of $352,389,000 in General Funds, $116,395,000 in Other State Funds, and $51,000,000 in Federal Funds

• Allocates $3,000,510 from General Revenue Fund for ICCB ordinary and contingent expenses including personal services, electronic data processing, and telecommunications

• Provides $182,233,610 from Personal Property Tax Replacement Fund and Education Assistance Fund for base operating grants and equalization grants to public community colleges

• Appropriates $40,972,900 for career and technical education activities and $62,982,100 for adult education and literacy activities from multiple fund sources

• Includes specific funding allocations for City Colleges of Chicago ($15,201,800), bridge and workforce programs ($28,794,400), PATH Workforce Program ($20,175,000), advanced manufacturing and electric vehicle technologies ($9,000,000), and multiple other educational initiatives

• Takes effect July 1, 2024