STATE CAPITAL FUNDING FOR FACILITIES. Bill Raggio, whom I admire and respect, must have laughed until his chest hurt, when he convinced the Legislature to adopt a funding formula that penalized UNLV for having new buildings and supported UNR because its buildings were old and in need of repair and maintenance. Under the Bill Raggio snake-oil formula, the better you are, the less you get. If that funding is projected forward, it means there really is little money coming to the Southern Nevada Schools for new construction.
As I said yesterday, UNLV got shorted $600 million over 30 years, not because UNR got too much (the State has never adequately funded education) but because the State chose to short change UNLV in order to support UNR.
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