This chapter examines challenges and options available to community college presidents as their institutions increasingly rely on unstable revenue streams. Presidents, particularly those at institutions with limited access to strong local tax support, require new and expanded fiscal leadership skills.

This report provides a broad overview of higher education expenditure trends in Illinois from fiscal year (FY) 1990 to FY 1994. It focuses on allocations and expenditures since FY 1992, when the Priorities, Quality, and Productivity (PQP) initiative was implemented. Eighteen tables present statistical data on various categories of expenditures.…