1. Budget Update Town Hall June 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 State SupportSub-total General FundExec BudgetE-500AdditionalGeneral FundTotal Budget AccountFY 2010-11FY 2012-13SmoothingGen Fund-$40mFY 2012-13Cut UNLV Main$145,967,488$106,525,137 $9,407,620$10,763,838$126,770,179$19,197,309 UNLV Total$156,506,258$114,174,163$10,120,568$11,540,126$135,911,945$20,594,313 Law School$7,762,242$5,500,387$512,293$558,074$6,570,754$1,191,488 Dental School$8,179,238$5,281,478$513,471$541,389$6,404,551$1,774,687 UNR Main$117,925,883$81,409,408$6,962,975$8,216,181$97,785,875$20,140,008 UNR$143,867,338$99,231,393$8,561,548$10,026,685$119,188,549$24,678,789 Medical School$31,720,928$23,085,931$2,332,565$2,358,844$26,886,018$4,834,910 CSN$91,430,100$64,667,849$5,621,782$6,525,562$77,587,864$13,842,236 Great Basin$16,510,575$11,793,317$1,056,205$1,194,282$14,031,554$2,479,021 Truckee Meadows$35,748,021$25,418,350$2,190,671$2,566,787$30,603,292$5,144,729 Western Nevada$18,472,126$12,621,694$1,124,041$1,279,132$15,029,964$3,442,162 Nevada State$13,021,396$7,602,701$701,336$772,374$9,111,439$3,909,957 DRI$8,239,230$6,216,806$557,654$629,592$7,421,572$817,658 System$31,974,965$24,076,521$0$2,105,680$2,430,126$28,612,327$3,362,638 Total - NSHE$557,940,290$395,483,941$35,027,336$40,000,000$472,379,729$85,560,561

4. UNLV Net Cuts Total State GF Reduction-$19,197,309 Net Revenue adjustment (tuition gains and losses)$3,180,000 Mandatory Increases (benefits & T&P)-$1,300,000 Tenured Faculty 4.8% savings$2,060,000 Net-$15,257,309

5. Cuts by VP Areas Cut FTE lost President's Office$380,0001 SVP for Finance and Business$2,700,00028.5 VP Student Affairs$1,400,00019 VP Research and Grad$1,070,00063 VP Advancement$500,0006 EVP&P$9,210,00097.5 Total$15,260,000215

6. Academic Cuts, Administrative Proposal COLLEGE# TFVSIP'sFTE LossCUT AMOUNT # DEPT. ELIM # DEGRs ELIM STUDENT LOSS VARIOUS - TFVSIP'S11.00 $1,400,000 ACADEMIC SUCCESS CENTER SCH. ALLIED HEALTH SCIENCES6.00 BUSINESS6.008.00 $524,000 SCH. COMMUNITY HEALTH3.002.00 $257,269 1 2 35 EDUCATION3.0014.00 $1,527,100 3 4 ENGINEERING2.005.00 $488,500 FINE ARTS6.009.00 $612,906 2 16 HONORS HOTEL5.00 $697,277 4 2 252 LIBERAL ARTS5.009.53 $917,000 SCH. NURSING5.00 LIBRARIES10.53 $864,207 SCIENCES2.006.00 $531,000 2 34 URBAN AFFAIRS5.009.00 $867,500 1 6 348 INFORMATION TECHNOLOGY EDUCATIONAL OUTREACH3.50 $320,000 VARIOUS-REORGANIZATION5.00 $500,000 48.0097.56 $9,506,759 9 18 685

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. 31 st will not receive retirement subsidy for health care