Question in light of school district budget deficit: 'Where is the marijuana money?'
Автор: News 3 Las Vegas
Загружено: 2024-09-20
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"WHERE'S THE MARIJUANA MONEY?"
It's a question many of you have asked us regarding the recent news about CCSD's budget deficit.
Recreational cannabis was legalized in Nevada in 2017 with the promise that tax revenue would benefit schools. However, under the old funding formula, the Nevada Plan, the state reduced its own contributions to the education budget as marijuana revenue increased. "They got an additional $50 or $60 million from marijuana, that's $50 or $60 million less that we have to contribute. So basically, it ended up being a zero-sum game," said Amanda Morgan, executive director of Educate Nevada Now.
In 2019, the state legislature passed a new "Pupil-Centered Funding Plan," which ensures that new revenue sources like marijuana taxes do not reduce state contributions. This plan allocates funds based on the number of students, covering expenses from special programs to hiring teachers.
MORE: News3LV.com
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