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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

A Huskie reaches through trees in a forest, staring uncertainly at a calculator and a compass that reads “Deficit Plan.” Students and faculty should not be overtly concerned about the deficit, but Huskies should also be aware that NIU is not out of the woods yet. (Lucy Atkinson | Northern Star)

Editorial: NIU deficit not dire but worth attention

By The Northern Star Editorial Board | September 3, 2024

Colleges and universities across the United States are staring down significant debt. While NIU’s roughly $32 million deficit is not an anomaly, it is something to watch. NIU ended the fiscal year 2024 with around $77 million in total holdings and...

The Board of Trustees conduct its meeting at Altgeld Hall, Room 315. NIU’s Finance, Audit, Compliance, Facilities and Operations Committee discussed the $18 million operating deficit for the 2023 fiscal year. (Devin Oommen | Northern Star)

Board reports $18 million deficit for 2023 fiscal year

By Devin Oommen, News Reporter | November 9, 2023

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...

Online sales taxes have positive and negative effects

Online sales taxes have positive and negative effects

By Portia Kerr Newman | April 11, 2011

Illinois' implementation of an online sales tax has its benefits and drawbacks. When I initially heard about Gov. Pat Quinn's plan, it frustrated me as someone who likes to occasionally shop online. While there are several states that pay online taxes,...

Raising taxes in Illinois will only lead to more problems

Raising taxes in Illinois will only lead to more problems

By Portia Kerr-Newman | February 9, 2011

No person in their right mind would agree that the state of Illinois' idea to raise taxes was logical. Personal taxes were already 3 percent, according to a recent article by the Christian Science Monitor. The 66 percent tax increase will only make it...

Illinois must raise taxes to address its budget problems

Illinois must raise taxes to address its budget problems

By Aaron Brooks | February 9, 2011

Hooray for taxes! And I am not being sarcastic. Illinois has a serious budget deficit and is falling deeper into debt. Sure, there can be alternative measures to the problem; consolidation of municipalities, legalization of taxable goods and further overhaul...