Dedicated Funding Streams to K-12 Education: The State Education Fund
January 1, 2020
The Nevada Plan, the Silver State’s mechanism for funding education since 1967, was replaced during the 80th (2019) Legislative Session by Senate Bill (SB) 543 with the Pupil-Centered Funding Plan. It will be implemented beginning with the 2021-2023 biennium. While one purpose of the new funding plan is to differentiate per-pupil funding based on the needs of individual students, another purpose is to make the amount of funding dedicated to K-12 education more transparent. This report addresses the second purpose of the Pupil-Centered Funding Plan – specifically the State/local taxes and fees that will be dedicated to public elementary and secondary education.