Sunday, May 15, 2011

University system calls for shared sacrifice - Geoff Dornan, Nevada Appeal

“If people want to talk about shared sacrifice, we're prepared to share,” Klaich said. “But let's share equally.” He said the funding levels in the governor's proposed budget aren't shared sacrifice. “A heavily disproportionate share of the cuts in this budget are falling on higher education,” Klaich said after the joint hearing of the Assembly Ways and Means and Senate Finance committees. The plan first equalizes the reductions between the two fiscal years. The governor's recommended budget provides $466.4 million in General Fund for Fiscal 2012 and $395.5 million in fiscal 2013. That would be changed to $431 million each year. Students would absorb a 13 percent increase in tuition and fees, adding another $39.7 million to the pot in 2013. The system would then find additional reductions totaling $43.3 million in each fiscal year.