“Today’s depressing economic outlook underscores exactly why Nevada lawmakers must Pass the Plan to fully fund our public schools and reject giveaways that divert public dollars to private interests like Hollywood,” said Dawn Etcheverry, President of the Nevada State Education Association.
“The Forum’s projections make Governor Lombardo’s proposal of just $2 per student even more insulting. With inflation, rising costs, and a 3.5% PERS increase coming in July, the budget proposed by the so-called ‘Education Governor’ amounts to a de facto education cut.”
Since launching Pass the Plan this Session, NSEA has championed the $604 million investment recommended by the Commission on School Funding to keep Nevada on track toward reaching the national average in K-12 education funding over the next decade. To achieve this goal, NSEA has advocated for sustainable, long-term revenue solutions, including AJR1, AB453, and other key legislation. Without bold action this Session, Nevada will fall further behind in its responsibility to adequately fund public education.
Fortunately, Nevada has viable options. With over $2 billion in reserves between the Education Stabilization Account and the Rainy Day Fund, lawmakers have the resources to meet this moment. Today’s economic projection makes clear: it’s a Rainy Day In Nevada. Until the Legislature passes the plan, it will continue to be.
In our ongoing effort to Pass The Plan, the Legislature must be prepared to use those reserves to maintain momentum and keep Nevada on track. This investment is critical, not only to fulfill the promise of Pass The Plan, but to ensure Nevada students are not shortchanged again.
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