Regents Discuss Mandated Budget Cuts
Schools, Universities Face 4.5 Percent Cuts
POSTED: 9:07 am PST January 7,
2008
UPDATED: 9:20 am PST January 7,
2008
LAS VEGAS -- Local schools and universities are facing a multimillion-dollar cut to their budgets.The state Board of Regents is holding a special meeting this morning at the University of Nevada, Las Vegas, to discuss how to meet budget reductions ordered by Gov. Jim Gibbons.University system officials are looking at across-the-board cuts of 4.5 percent, or more than $57 million.Officials said that could cost the University of Nevada, Reno, almost $19 million and UNLV more than $18 million over the next two years.Schools and universities have been given a bit of a reprieve -- the original plan called for an 8 percent cut.
Copyright 2008 by KVVU.com. The Associated Press contributed to this report. All rights reserved.
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