Distributive School Account

1
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

2
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)

3
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

4
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

5
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
6
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
7
Segregation by Category--FY2006
8
Segregation by Category--FY2006
9
NEVADA - ALL SCHOOL DISTRICTSFY2006 Primary
Sources of K-12 Education Funds
10
FY2006 State and Selected School District
Relative Sources of Funds
11
Segregation by State, Local, Federal--FY2006
12
Segregation by State, Local, Federal--FY2006