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UNM-LA officially received permission last week from the university’s Board of Regents to go ahead with its plans to ask the residents of Los Alamos to help shore up the schools ailing financial situation through a 2-mil increase in property taxes in September.
The permission came shortly after a presentation made by UNM-LA Director Cedric Page, a community support group called the Los Alamos Committee for Higher Education and support from the members of the UNM-LA Advisory Board.
A day after, members of LACHE and the UNM-LA Advisory Board met at UNM-LA to discuss what they shared with the Board of Regents Tuesday.
According to LACHE Chair Michael Wismer, declining state aid coupled with rising student enrollment played a key factor in the regents giving UNM-LA permission.
“The main message Cedric communicated was that we were in a dire situation,” Wismer said. “There’s been a 38 percent decline in revenue from the state over five years. Paired with the fact that there’s been a 14 percent increase in enrollment shows that we cannot sustain this trend.”
Wismer also shared a video that was played at the Board of Regents meeting that featured the support of County Council members.
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