The State of Illinois has yet to provide funding to help Spoon River College build its new campus in Macomb, and the longer it takes the more expensive the project becomes.
Brett Stoller, SRC Vice President of Administrative Services, said both the state and the college will have to come up with more money.
“The total project goes up 2.7% (per year), and so our 25% share of that automatically goes up also,” Stoller said.
The estimated cost is now $16,278,800. SRC is asking the state for $12,209,200 and will provide a local match of $4,069,600.