AB 183 - Revising Payment for Outstanding Bonds in School Districts - Nevada Key Vote

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Title: Revising Payment for Outstanding Bonds in School Districts

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Title: Revising Payment for Outstanding Bonds in School Districts

Vote Smart's Synopsis:

Vote to pass a bill that changes the amount of money required to be in a school district's reserve account regarding outstanding bonds.

Highlights:

  • Specifies that the reserve account of a district must be established and maintained in an amount at least equal to the lesser of (Sec. 1):
    • 25 percent for a school district located in a county whose population is 100,000 or more; and
    • 50 percent for a school district located in a county whose population is 100,000 or less.

Title: Revising Payment for Outstanding Bonds in School Districts

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