Funding of Higher Education - Nevada Legislature

Funding of Higher Education

Bulletin No. 13-08

January 2013

Legislative Counsel Bureau

Bulletin No. 13-08

COMMITTEE TO STUDY THE FUNDING OF HIGHER EDUCATION

Senate Bill 374 ? 2011 Session

Voting Members Senator Steven A. Horsford, Chairman

Senator Ben Kieckhefer Senator David R. Parks Assemblyman Paul Aizley Assemblyman Pat Hickey Assemblywoman Debbie Smith Mr. Hugh Anderson, Governor Appointment Mr. Mike Dillon, Governor Appointment Ms. Heidi Gansert, Governor Appointment Dr. Jason Geddes, Regent, Chair of Board of Regents Appointment Mr. Kevin Page, Regent, Chair of Board of Regents Appointment Mr. Michael Wixom, Regent, Chair of Board of Regents Appointment

Non-Voting Members Mr. Jeffery Mohlenkamp, Governor Appointment

Dr. Gregory Mosier, Governor Appointment Dr. Michael Richards, Governor Appointment Dr. Spencer Stewart, Governor Appointment

Staff Fiscal Analysis Division: Alex Haartz, Program Analyst Mark Krmpotic, Senate Fiscal Analyst Patti Sullivan, Committee Secretary

(775-684-6821)

Legal Division: Kristin C. Roberts, Senior Principal Deputy Legislative Counsel

Eileen G. O'Grady, Chief Deputy Legislative Counsel (775-684-6830)

TABLE OF CONTENTS

Page

I. Report of the Committee to Study the Funding of Higher Education ............................ 1 Introduction ..................................................................................................................... 1 Meetings of the Committee ............................................................................................. 2 Summary of the Committee Consultant's Principal Findings........................................... 3 Nevada System of Higher Education Alternative Funding Formula Model .................... 10 Summary of the Committee's Principal Recommendations .......................................... 11

II. Senate Bill 374 of the 76th Session of the Nevada Legislature (2011).......................... 17

III. Recommendations of the Committee to Study the Funding of Higher Education...... 21 Recommendations Pertaining to a New Higher Education Funding Formula................ 21 Recommendations Pertaining to Performance Funding ................................................ 25 Recommendations Pertaining to Community College Funding ..................................... 26

IV. Final Report of Committee Consultant, SRI International States' Methods of Funding Higher Education .............................................................. 29 Table of Contents.......................................................................................................... 31 List of Tables and Figures ............................................................................................. 33 Introduction ................................................................................................................... 37

Part 1: Higher Education Funding Best Practices and Recommendations for Nevada...................................................................................................... 41

Section I: Diversification and Innovation: State Economic Context and Goals Shaping Higher Education Funding in Nevada.................. 43

Section II: Guidance and Best Practices: Summary of States' Higher Education Funding Methods ........................................................ 47

Section III: Alignment and Performance: Recommended Principles for Higher Education Funding Reform in Nevada ............................. 65

Section IV: Recommended Higher Education Funding Model for Nevada .......... 71

Part 2: States' Methods for Funding Higher Education .............................................. 75 Section I: Introduction ....................................................................................... 77 Section II: States That Use a Formula for Higher Education Funding................ 79 Section III: States That Do Not Use a Formula for Higher Education Funding........................................................................................ 93 Section IV: States' Use of Performance-Related Criteria in Higher Education Funding....................................................................... 95 Section V: States' Treatment of Student-Derived Revenues in Higher Education Funding..................................................................... 103

Appendices ................................................................................................................. 109 Appendix A: Narratives of States That Use a Formula for Higher Education Funding...................................................................................... 111 Appendix B Narratives of States That Do Not Use a Formula for Higher Education Funding..................................................................... 143

i

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download