Title: Establishes 2-Year State Budget
Signed by Governor Brian Sandoval
Title: Establishes 2-Year State Budget
Title: Establishes 2-Year State Budget
Vote to pass a bill that establishes a budget for the 2017-2019 biennium.
Requires the State Public Works Division to spend $9 million and the State Board of Finance to issue up to $117 million in bonds for the repair of government-owned buildings and facilities (Secs. 6 & 9).
Appropriates $43.2 million to construct a new engineering building at the University of Nevada in Reno (Sec. 23).
Appropriates $1.04 million for the exclusive purpose of funding the state’s debt service payments (Sec. 12).
Appropriates $34.2 million to operate the National Guard Readiness Center over the next biennium (Sec. 23).
Specifies that an ad valorem tax of 15.45 cents on each $100 of assessed valuation of taxable property will be levied for both fiscal years of the next biennium (Sec. 30).
Appropriates $1 million in obligation bonds for the 2017-2019 biennium to fund conservation of, and capital improvements to, certain water systems (Sec. 30).
Specifies that funds collected from the annual tax on slot machines will go towards the Special Capital Construction Fund for Higher Education (Sec. 35).
Title: Establishes 2-Year State Budget