For the first time in its 54-year history, the University of Nevada at Las Vegas may have to declare financial exigency, its provost, Michael W. Bowers, wrote in a memorandum to faculty and staff members on Tuesday. And according to the Las Vegas Sun, the university’s president, Neal Smatresk, repeated that point to the Faculty Senate, outlining a plan to cut nearly $48-million from the university’s budget if a budget proposed by Gov. Brian Sandoval, a Republican, is adopted by the Legislature, a situation Mr. Smatresk characterized as “approaching a state of fiscal collapse.” A declaration of financial exigency would precede a university decision to close programs, lay off tenured faculty members, and take other emergency steps.
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