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The University of New Mexico-Los Alamos has been faced with some tough times. Not only did voters reject their mil levy proposal during an election earlier this year, but during last week’s election, voters rejected the referendum on Bond D, which means that the campus is faced with tightening their belts even more because there will not be additional funding from the state.
During Monday night’s UNM-LA Advisory Board meeting, Campus Resources Director Lisa Clough announced that the revised budget included a 3.2 percent budget reduction, leaving the campus with a budget of $3.9 million, down $65,100 from $4.6 million.
Executive Director Dr. Cedric Page said that even more cuts are on the horizon, as all state agencies are expecting a 2-5 percent cut, which would also affect the campus.
“We will have to wait and see about the gap between state revenues and projected expenditures,” he said.
If the budget is slashed even more, the local university will be faced with even tougher decisions, given that a mil levy doesn’t seem like a possibility any time soon. Board member Marie Chiravalle said the recent election is an indication that voters are not ready for another mil levy.
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