Existing law creates in the State Treasury the Fund to Assist School Districts in Financing Capital Improvements and requires that the money in the Fund be used to provide grants to school districts within which certain emergency conditions exist. (NRS 387.333, 387.3335) Existing law additionally creates in the State Treasury the Fund to Assist Rural School Districts in Financing Capital Improvements and requires that the money in the Fund be used to make grants to school districts in counties whose population is less than 100,000 (currently all counties other than Clark and Washoe Counties) for certain capital projects. (NRS 387.3341-387.3344) This bill provides that any money remaining in those Funds at the end of a fiscal year does not revert to the State General Fund and requires that the balances in those Funds be carried forward to the next fiscal year.

Statutes affected:
As Introduced: 387.333, 387.3341
BDR: 387.333, 387.3341