Nevada_Executive_Budget_2013-2015

NEVADA SYSTEM OF HIGHER EDUCATION (NSHE) - The Nevada System of Higher Education (NSHE) provides higher education services to the citizens of
the state at a high level of quality consistent with the state's resources. It accomplishes this mission by acquiring, transmitting, and preserving knowledge. The system
endeavors to assist in providing an educated and technically skilled citizenry for public service and the general welfare, to contribute toward an educated and trained work
force for industry and commerce, and to facilitate the individual quest for personal fulfillment.
Department Budget Highlights:
1. Reestablish Traditionally Non-Formula Programs - The budget removes traditionally
non-formula programs from University of Nevada, Reno (UNR) and University of Nevada,
Las Vegas (UNLV), establishing them as separate and distinct accounts.
2. Eliminate General Fund Offsets by Student Fees - The budget implements the
recommendation of the SB 374 Formula Funding Committee to ensure that non-general fund
dollars do not have an impact on the new formula allocation.
3. Revised Higher Education Funding Formula - The budget includes the SB 374
Formula Funding Committee recommendation, which includes all "F" grades in the weighted
student credit hour (WSCH) methodology.
4. Revision of the Formula Committee Recommendation - The budget modifies the
Formula Committee recommendation by implementing a weighted approach to "F" grades for
students that make a demonstrated effort to complete their classes, eliminating "Fs" at
Universities, provides 25% credit at Nevada State College, and 50% credit at the community
colleges.
5. Smooth Losses - The budget provides a one-time $2 million General Fund augmentation
over the biennium to Great Basin College (GBC) and Western Nevada College (WNC) to
mitigate losses incurred as a result of implementing the new funding formula.
6. Phased-In Formula Reallocation - The budget smoothes losses at GBC and WNC to no
more than 10% in fiscal year 2014 and 15% in fiscal year 2015 of their budgets, ensuring
formula gains of 67% in fiscal year 2014 and 80% in fiscal year 2015 of their allocation for
UNLV, Nevada State College and College of Southern Nevada.
7. Support Cooperative Extension Service - The budget allocates $1 million over the
biennium to the Cooperative Extension Service, which helps Nevadans apply university
research to their daily lives.
Department Biennium Total by Funding Source
Funding
65% General Fund
35% Other