After four years of budget cuts, UNLV is poised to rebuild itself into a “first-choice” university, President Neal Smatresk said Thursday in his annual state of the university address.
Since the recession, state funding to UNLV has fallen $74 million, leading to reductions of 700 positions and 19 degree programs, as well as double-digit increases in student tuition.
But UNLV’s budget woes are easing, Smatresk said.
“Last year at this time, there was a lot of anxiety. We were worried about where the ax might fall,” Smatresk said. “Now, we are on firm fiscal grounds. We have strong fiscal reserves. We’re strong, and we’re going to move forward.”