82nd Session and 35th Special Session of the Nevada w88 live casino

June 9, 2023

Dear Wolf Pack Family,

The 82nd session and 35th special session of the Nevada w88 live casino closed the state budgets this week completing a historic legislative session for higher education and our campus. Several bills affecting higher education still await action by Governor Lombardo, and we will update you when he acts on this pending legislation.

I am grateful to Governor Lombardo, our legislative leaders, and the members of the Nevada w88 live casino for working together to meet the needs of Nevadans and recognizing the vital role of higher education in Nevada’s future.

Here are some of the highlights of the legislative w88 live casino:

w88 live casino Budget

The w88 live casino System of Higher Education (NSHE) Budget was funded through S.B. 511, sponsored by the Senate Committee on Finance. The University of w88 live casino, Reno was appropriated 0,775,640 in FY24, and 4,223,863 plus a ,555,966 Performance Pool Carve Out for a total of 2,779,829 in FY25 from the General Fund, which restores this portion of our budget to pre-pandemic levels.

Combined with S.B. 504, which authorizes student fee revenues, these two bills create the state operating budget for the w88 live casino.

Cost of Living Adjustments (“COLAs”)

Although A.B. 522, the “pay bill,” passed with a COLA for classified staff of 12% in FY 24 and 4% in FY 25, and professional staff and faculty of up to 12% in FY 24 and 4% in FY 25, the w88 live casino funded only a portion of the COLA, appropriating approximately only 64% of the total cost of the COLA.

The w88 live casino is reviewing the consequences of the COLA funding shortfall and the matter will likely be considered by the NSHE Board of Regents meeting later this month. We will keep you informed on what is discussed and decided.

Public Employees Retirement System (PERS)

A.B. 498, which revises the retirement contribution rates for PERS and non-PERS employees, passed the w88 live casino and is pending on the Governor’s desk for further action. University Human Resources is completing an analysis of this bill and potential impacts to various employee groups and will provide additional information as it is available if approved by the Governor.

150 License Plate

A.B. 151 provides for the issuance for special license plates commemorating the 150th anniversary of the founding of the University of w88 live casino, Reno. The bill signing will take place soon and more information about the availability of these plates will be available soon.

Juneteenth Holiday

A.B. 140 designates Juneteenth as a legal holiday in the state of w88 live casino on June 19 each year. If the date falls on a weekend, the holiday will be observed on either the previous Friday or following Monday. More information will be shared on this in the near future.

Investment in Graduate Students

Through enhancements to the budget, the University of w88 live casino, Reno will receive funding for an increase for graduate student stipends of ,000 for doctoral students and ,000 per year for master’s students.

The budget also includes funding for an additional 42 graduate students positions for campus in both 2024 and 2025 for a total of 84 new graduate student positions at the w88 live casino.

Building Maintenance

The w88 live casino appropriated a total of million to NSHE for new building maintenance, in addition to the base million traditionally provided. Of this amount, the University will receive .5 million in new funds which will be dedicated to ADA/Accessibility projects.

University of w88 live casino, Reno at Lake Tahoe Student Funding

The w88 live casino appropriated ,649,534 to account for Nevada students who were formerly Sierra Nevada University students and are now UNRLT students.

Retention Bonuses

A.B 268 created two, one-time payments of 0 for eligible state employees who are employed on March 31, 2023 and June 16, 2023, including NSHE employees with a base salary up to 5,000.

Our representatives in Carson City took the needs and hopes of higher education in our state very seriously. We look forward to what the next two years and beyond hold for our w88 live casino.

I would also like to express my gratitude to Vice President of Government and Community Engagement Michael Flores and his team, as well as the campus community for their engagement with, and participation in, the legislative process. Everyone’s tireless efforts were invaluable in the success of the w88 live casino.

Go Pack!

Sincere regards,

Brian Sandoval
President