NSHE says it's $6.4M short of money needed for pay raises after session closes with budget error

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NSHE says it's $6.4M short of money needed for pay raises after session closes with budget error unresolved


Officials at the Nevada System of Higher Education are trying to determine their next steps after a miscalculation left the system about $6.4 million short of what it needs to carry out 3 percent pay increases.

The governor’s office said it realized it made a mistake — an allocation of $12.7 million per year that should have been $15.9 million per year — in mid-March and the office informed the Legislative Counsel Bureau at that time with suggestions on how to rectify the situation. By mid-May, the governor’s office was informed by LCB that the funding levels would not be changed.

Andrew Clinger, chief financial officer of the Nevada System of Higher Education, said the system noticed something was amiss when budget bills came out on Thursday and Friday, but did not receive confirmation on the error from the governor’s finance office until Monday, the hectic last day of the legislative session. Chancellor Thom Reilly told legislative leadership, who asked why the issue didn’t come up earlier, Clinger said.

“It’s unfortunate that we didn’t know of this issue earlier in the session,” Clinger said. “Had we known sooner we’d make sure it was an issue that was brought sooner.”

Read more: https://thenevadaindependent.com/article/nshe-says-its-6-4m-short-of-money-needed-for-pay-raises-after-session-closes-with-budget-error-unresolved