100 likes | 341 Views
THE FUNDING OF SCHOOLS IN NEVADA. NEVADA PLAN State Guaranteed Basic Support. Distributive School Account. Sources of Distributive School Account Funding: State General Fund Out of State Local School Support Tax (2.25¢) Slot Machine Tax Estate Tax Federal Mineral Lease Revenue
E N D
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account • Sources of Distributive School Account Funding: • State General Fund • Out of State Local School Support Tax (2.25¢) • Slot Machine Tax • Estate Tax • Federal Mineral Lease Revenue • Interest from Permanent School Fund NEVADA DEPARTMENT OF EDUCATION
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account Nevada Plan-Local Locally Generated Revenue • Nevada Plan--Local Funding: • Ad Valorem Property/Mining Tax (25¢/$100 of assessed valuation) • Local School Support Sales Tax (2.25¢) NEVADA DEPARTMENT OF EDUCATION
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account Nevada Plan-Local Non-Nevada Plan--Local Locally Generated Revenue • Non-Nevada Plan--Local Funding: • Ad Valorem Property/Mining Tax (50¢/$100 of assessed valuation) • Government Services Tax (Motor Vehicle Privilege Tax) • Franchise Taxes • Unrestricted Federal Revenue--Impact Aid • Interest, Tuition, & Other Local Revenue • Opening General Fund balance NEVADA DEPARTMENT OF EDUCATION
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account Nevada Plan-Local Non-Nevada Plan--Local Locally Generated Revenue Capital ProjectsDebt Service • Capital Projects; Debt Service: • General Obligation Bonds • “Pay as Your Go” Programs • Ad Valorem Tax Assessments NEVADA DEPARTMENT OF EDUCATION
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account • Special Revenue Funds: • NCLB Programs • Nutrition Education • Special Education Programs • Occupational Education • Class Size Reduction • State/Federal School Improvement Nevada Plan-Local Non-Nevada Plan--Local Locally Generated Revenue Special RevenueFunds Capital ProjectsDebt Service NEVADA DEPARTMENT OF EDUCATION
THE FUNDING OF SCHOOLS IN NEVADA NEVADA PLANState Guaranteed Basic Support Distributive School Account Nevada Plan-Local Non-Nevada Plan--Local Locally Generated Revenue Special RevenueFunds Capital ProjectsDebt Service NEVADA DEPARTMENT OF EDUCATION
Segregation by Category--FY2006 NEVADA DEPARTMENT OF EDUCATION
Segregation by Category--FY2006 NEVADA DEPARTMENT OF EDUCATION
NEVADA - ALL SCHOOL DISTRICTSFY2006 Primary Sources of K-12 Education Funds NEVADA DEPARTMENT OF EDUCATION
FY2006 State and Selected School District Relative Sources of Funds NEVADA DEPARTMENT OF EDUCATION