Mining Through Uncertainty
Impacts for Mining
■ Nevada's Constitutional Conflict
Mining Tax Dollars are the First Education Dollars
Distributed Under the New Formula, Must be
Returned to the County of Origin
If Mining Tax Dollars are Greater than the Total
Amount of Funds that Would Otherwise be Allocated
Under the Formula, Those Funds are "Authorized for
Expenditure as a Continuing Appropriation for the
Purpose of Mitigating the Adverse Effects of the
Cyclical Nature of the Industry of Extracting and
Processing Minerals on the Ability of the County
School District to Offer its Pupils a Reasonably Equal
Educational Opportunity."
NEVADA
Mining Association
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Legislature that the remaining money in the State Education
Fund be used to provide a multiplier for each category of pupils
which is as close as practicable to the multiplier for the preceding
fiscal year;
(b) The recommendations of the Commission for the multiplier
for each category of pupils be considered and the multiplier for
one category of pupils may be changed by an amount that is not
proportional to the change in the multiplier for one or more other
categories of pupils if the Legislature determines that a
disproportionate need to serve the pupils in the affected category
exists; and
(c) If the multipliers for all categories of pupils in a fiscal year
are increased from the multipliers in the immediately preceding
fiscal year, a proportional increase is considered for the statewide
base per pupil funding amount.
6. For any money identified in subsection 4 of NRS 362.170
which is deposited to the credit of the State Education Fund:
(a) The amount of such money for the county from which the
money was collected that does not exceed the total amount of
money appropriated pursuant to subsection 2 to the county school
district is deemed to be the first money appropriated pursuant to
subsection 2 for that county school district.
(b) The amount of such money for the county from which the
money was collected which exceeds the total amount of money
appropriated pursuant to subsection 2 to the county school district
must be transferred to the county school district and is hereby
authorized for expenditure as a continuing appropriation for the
purpose of mitigating the adverse effects of the cyclical nature of
the industry of extracting and processing minerals on the ability of
the county school district to offer its pupils a reasonably equal
educational opportunity.
7.
The weighted funding appropriated pursuant to paragraph
(e) of subsection 2:
(a) May not be used to settle or arbitrate disputes between a
recognized organization representing employees of a school
district or the governing body of a charter school and the school
district or governing body or to settle any negotiations; and
(b) May not be used to adjust the district-wide schedules of
salaries and benefits of the employees of a school district.
Sec. 5. 1. To account for variation between the counties of
this State in the cost of living and the cost of labor, the
Department shall establish by regulation cost adjustment factors
MINING THROUGH UNCERTAINTY
63
APPLIED
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