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Nevada_Executive_Budget_2013-2015

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NDE - STATE SUPPLEMENTAL SCHOOL SUPPORT FUND<br />

101-2617<br />

PROGRAM DESCRIPTION<br />

This account was created by Initiative Petition 1 (IP1) of the 2009 Legislative Session. The source of funds is the 3% tax on rental transient lodging specified in the legislation. The funds are<br />

available to education beginning July 1, 2011.<br />

BASE<br />

The base budget reflects the anticipated receipts from IP1 from the 2009 Legislative Session for the coming biennium.<br />

2012-<strong>2013</strong> <strong>2013</strong>-2014 <strong>2013</strong>-2014 2014-<strong>2015</strong> 2014-<strong>2015</strong><br />

2011-2012 WORK AGENCY GOVERNOR AGENCY GOVERNOR<br />

ACTUAL PROGRAM REQUEST RECOMMENDS REQUEST RECOMMENDS<br />

RESOURCES:<br />

AB 579 TRANSIENT LODGING TAX 126,448,499 115,121,424 146,718,029 133,170,500 160,018,029 137,977,000<br />

TREASURER'S INTEREST DISTRIB 69,530 100,000 0 69,530 0 69,530<br />

TOTAL RESOURCES: 126,518,029 115,221,424 146,718,029 133,240,030 160,018,029 138,046,530<br />

EXPENDITURES:<br />

ROOM TAX - AID TO SCHOOLS 126,518,029 115,221,424 146,718,029 133,240,030 160,018,029 138,046,530<br />

TOTAL EXPENDITURES: 126,518,029 115,221,424 146,718,029 133,240,030 160,018,029 138,046,530<br />

ENHANCEMENT<br />

E130 SUSTAINABLE AND GROWING ECONOMY<br />

This request extends the transfer of the IP1 Room Tax revenues to the Distributive School Account for the <strong>2013</strong>-<strong>2015</strong> biennium. A Bill Draft Request has been submitted to support this<br />

request.<br />

EXPENDITURES:<br />

2011-2012<br />

ACTUAL<br />

2012-<strong>2013</strong><br />

WORK<br />

PROGRAM<br />

<strong>2013</strong>-2014<br />

AGENCY<br />

REQUEST<br />

<strong>2013</strong>-2014<br />

GOVERNOR<br />

RECOMMENDS<br />

2014-<strong>2015</strong><br />

AGENCY<br />

REQUEST<br />

2014-<strong>2015</strong><br />

GOVERNOR<br />

RECOMMENDS<br />

TOTAL EXPENDITURES: 0 0 0 0 0 0<br />

SUMMARY<br />

2011-2012<br />

ACTUAL<br />

2012-<strong>2013</strong><br />

WORK<br />

PROGRAM<br />

<strong>2013</strong>-2014<br />

AGENCY<br />

REQUEST<br />

<strong>2013</strong>-2014<br />

GOVERNOR<br />

RECOMMENDS<br />

2014-<strong>2015</strong><br />

AGENCY<br />

REQUEST<br />

2014-<strong>2015</strong><br />

GOVERNOR<br />

RECOMMENDS<br />

RESOURCES:<br />

AB 579 TRANSIENT LODGING TAX 126,448,499 115,121,424 146,718,029 133,170,500 160,018,029 137,977,000<br />

TREASURER'S INTEREST DISTRIB 69,530 100,000 0 69,530 0 69,530<br />

TOTAL RESOURCES: 126,518,029 115,221,424 146,718,029 133,240,030 160,018,029 138,046,530<br />

EXPENDITURES:<br />

ROOM TAX - AID TO SCHOOLS 126,518,029 115,221,424 146,718,029 133,240,030 160,018,029 138,046,530<br />

DEPARTMENT OF EDUCATION K-12 EDUCATION - 29<br />

NDE - DEPARTMENT OF EDUCATION

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