Prairie State College Develops Financial Exigency Plan Amid Fiscal Shortfalls

Prairie State College's Board of Trustees is developing a financial exigency policy as a cautionary measure to address ongoing fiscal shortfalls, including an anticipated $7.9 million deficit for the 2026-27 budget. The college president, Michael Anthony, stated that while it's not a crisis, the plan will provide guidelines if the financial situation worsens, potentially leading to program cuts due to low enrollment. The board approved the plan on first reading on August 4, 2026, and it is now open for public comment.