Mining Through Uncertainty

Education Funding Under the Nevada Plan NEVADA Mining Association THE FUNDING OF K-12 PUBLIC SCHOOLS IN NEVADA The "Nevada Plan" and Distributive School Account (DSA) NEVADA PLAN Distributive School Account State Funding (Obligation) NEVADA PLAN State Guaranteed Basic Support 1. Distributive School Account Funding: [1] State General Fund [2] Out-of-State LSST (2.25%) [3] Annual Slot Machine Tax (portion) [4] Federal Mineral Lease Revenue [5] Interest from Permanent School Fund 2 3 NEVADA PLAN Local Funding Non-Nevada Plan Local "Outside" Funding 2. Nevada Plan Local Funding: [1] Local School Support Tax (2.25%) [2] Ad Valorem Property/Mining Tax (1/3 PSOPT) PSOPT Public Schools Operating Property Tax 3. Non-Nevada Plan "Outside" Funding: [1] Ad Valorem Property/Mining Tax (2/3 PSOPT) [2] Governmental Services Tax (formerly MVPT) [3] Franchise Taxes [4] Unrestricted Federal Revenue-Impact Aid [5] Interest, Tuition, and Other Local Revenue [6] Opening General Fund Balance Locally Generated Revenues Capital Projects Debt Service Mostly Federal Funds Special Revenue Funds State Revenues Capital Projects/Debt Service: [1] General Obligation Bonds [2] Pay-as-You-Go" Financing Programs [3] Ad Valorem Tax Assessments [4] Governmental Services Tax Special Revenue Funds: [1] ESEA No Child Left Behind (NCLB) Act* [2] Nutrition Programs [3] Special Education Programs [4] Career & Technical Education [5] State School Improvement *Titles I, II, IV, V and VI Class Size Reduction Program Funds Class Size Reduction Program Funds: [1] State General Funds Adult High School Diploma Program Adult High School Diploma Program [1] State General Funds APPLIED ANALYSIS

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