A University of Illinois chancellor has resubmitted her resignation, one day after university trustees began her dismissal process. University of Illinois Urbana-Champaign Chancellor Phyllis Wise also said Thursday that she has rejected an advising job offered to her by President Timothy Killeen while the dismissal process moves ahead.

University trustees on Wednesday turned down Wise's initial resignation, which she announced on August 6, as well as the $400,000 exit bonus she was slated to receive as part of that deal.

In a statement issued Thursday, Wise said the action by the trustees to decline her initial resignation and start the process of dismissing her from her administrative position was "motivated more by politics than the interests of the university."

"This action was unprecedented, unwarranted, and completely contrary to the spirit of our negotiations last week," Wise said. "I have no intention, however, of engaging the board in a public debate that would ultimately harm the university and the many people who have devoted time and hard work to its critical mission. Accordingly, I have again tendered my resignation as Chancellor and will decline the administrative position as adviser to the president."

Wise has been chancellor for the past four years. Under Wise's contract, she would have been eligible for a $500,000 retention bonus after serving five years.

Under an agreement she reached with the university, Wise would have been able receive $400,000, or the a prorated amount of the retention compensation. The Rauner administration spoke out against the exit bonus before trustees voted to reject the deal.

In her statement, Wise said the $400,000 in compensation was "not a bonus nor a golden parachute" but rather a "retention incentive that I earned on a yearly basis."

"In a decision apparently motivated more by politics than the interests of the university, the board reneged on the promises in our negotiated agreement and initiated termination proceedings," she added.