Annual establishment and publication of certain information to assist local precincts in preparing budgets for the next school year; carry forward of year-end balance to next school year; requirement to spend or transfer amount of year-end balance in excess of certain percentage of actual expenditures; large school district authorized to require local school precinct to spend certain money carried forward.
Nev. Rev. Stat. § 388G.650
in effect1. On or before January 15 of each year, to assist the local school precincts in preparing their budgets for the next school year, the superintendent shall establish and make public:
(a) The average unit cost for each type of employee employed to work at a local school precinct which is determined based upon the average unit cost across the large school district. A separate average unit cost must be established for teachers and substitute teachers, respectively.
(b) A list of equipment, services and supplies that a local school precinct may obtain from the large school district using the money allocated to the local school precinct and the cost for such equipment, services and supplies. The cost of such equipment, services and supplies must not exceed the actual cost to the large school district to provide the equipment, services and supplies to the local school precinct.
2. Except as otherwise provided in subsections 3 and 4, each local school precinct must carry forward its year-end balance to the next school year for use by the local school precinct. The large school district must account for any such amount that is carried forward as a restricted fund balance.
3. If the year-end balance carried forward pursuant to subsection 2 in any school year exceeds 5 percent of the actual expenditures of the local school precinct during the immediately preceding school year, the local school precinct shall spend the entire amount of money by which the year-end balance carried forward pursuant to subsection 2 exceeds 5 percent of the actual expenditures of the local school precinct during the immediately preceding school year for one or more of the following purposes, in order of priority:
(a) Tutoring or other supplemental academic achievement programs within the local school precinct;
(b) Programs to support social and emotional learning within the local school precinct;
(c) Extracurricular programming for pupils within the local school precinct;
(d) Tutoring or other supplemental academic achievement programs within the large school district;
(e) Extracurricular programming for pupils within the large school district; and
(f) Any other instructional training, program or activity designed and intended to improve the achievement of pupils enrolled in the local school precinct.
4. If a local school precinct fails to spend the entire amount of money by which the year-end balance carried forward pursuant to subsection 2 exceeds 5 percent of the actual expenditures of the local school precinct during the immediately preceding school year within 24 months after the end of the school year from which the year-end balance is carried forward, the large school district shall transfer the amount of money by which the balance carried forward exceeded 5 percent of the actual expenditures of the local school precinct during the immediately preceding school year, less any amount spent by the local school precinct pursuant to subsection 3, to the Education Stabilization Account created by NRS 387.1213 . The local school precinct shall reduce any balance carried forward by any amount transferred to the Education Stabilization Account pursuant to this subsection.
5. A large school district may intervene to require a local school precinct to spend the money carried forward pursuant to subsection 2 on the programs and activities described in paragraphs (a) to (f), inclusive, of subsection 3.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-388G.htmlFetched: 10/4/2026