Cost Saving Efforts

CSN’s 2010-11 Budget Reduction Plan



Outcome of the 2010 Special Legislative Session:

The Nevada System of Higher Education took a 6.9 percent budget cut for each year of the biennium. For CSN, that meant a 7.3 percent reduction from our general fund.

That means that before July 1 CSN must cut:  $1,897,479
Next fiscal year, 2010-11, CSN will need to reduce:  $5,656,021


FY 2009-10 Reduction-$1,897,479

FY 2010-11 Reduction-$5,656,021

Voluntary separation program for all employees

Cut 762 FTE students (natural attrition)

Savings from approximately 60 frozen FTE positions
Reduce staffing via attrition and vacancies

Realize 2nd year savings from restructure/ closure of three learning centers

Reduce IT licensing

Reduce contract scope

Move support activities on a one-time basis to non-state support revenues

Apply operating reserve and reduce institution-wide initiatives

Make reductions of $800,000 in major divisions