November 24, 2014
ELKO, Nev. (AP) - Nevada's colleges and universities are a facing an expensive and expanding backlog in maintenance projects that have been put off during the recession.
A report presented to the Board of Regents says the higher education system needs to invest at least $60 million a year, but spends only a fraction of that amount.
The Board of Regents, meeting Friday in Elko, was told the University of Nevada, Las Vegas faces a $286 million backlog, while University of Nevada, Reno is looking at nearly $900 million in maintenance projects.
System-wide, more than $300 million in projects are considered critical.
The looming question is how to pay for all the needs. A task force has been proposed to explore funding options, including student fees.
The topic will be discussed again in December.
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