1 / 7

Budget Update Town Hall June 8, 2011

Budget Update Town Hall June 8, 2011. What We Will Cover Today. Review of NSHE budget cuts and UNLV share Net Cut after tuition increase and other factors Cut distribution by VP areas Academic cuts and impacts by unit Stadium Project. NSHE GF Cuts by Institution. UNLV Net Cuts.

chana
Télécharger la présentation

Budget Update Town Hall June 8, 2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Budget UpdateTown HallJune 8, 2011

  2. What We Will Cover Today • Review of NSHE budget cuts and UNLV share • Net Cut after tuition increase and other factors • Cut distribution by VP areas • Academic cuts and impacts by unit • Stadium Project

  3. NSHE GF Cuts by Institution

  4. UNLV Net Cuts

  5. Cuts by VP Areas

  6. Academic Cuts, Administrative Proposal

  7. Other Factors • Salary will be cut by 2.5% for all employees, and there will a 2.3% salary reduction from 6 furlough days • 48 TVSIPS, for a total of $6.34M in salary and benefits, but we will need to rehire faculty in critical areas • 13/13 tuition increase, would reduce cuts by another $8M net to be distributed strategically • Enrollment is still critical • We need about $15M in bridge funding, which may be obtained from modifying payroll dates in June and July • Our PT budget was generated from vacant lines, eliminating them creates a shortfall • The budget reduction plan, program eliminations and potential reorganizations will be consulted via the Academic Council, Cabinet, Faculty Advisory Committee and the Faculty Senate PNPC • Handgun bill did not pass, smoking bill didn’t pass, higher education flexibility bill did not pass, sick and annual leave reductions did not pass • Formula study will be done in intersession • New hires as of Jan. 31st will not receive retirement subsidy for health care

More Related