Nevada AB435 revises school funding provisions, creating a State Public Charter School Facility Fund.
Nevada AB435 revises provisions governing the funding of schools by creating the State Public Charter School Facility Fund. This fund will be used to finance the construction, design, or purchase of new and existing buildings for charter schools, as well as projects to enlarge, remodel, or repair existing buildings or grounds. The fund will also support the acquiring of sites for building charter schools or additional property for necessary purposes. The State Board of Finance will issue bonds secured by the fund's money and revenue to facilitate these activities.
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- Legal Framework
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