What Do You Do With an Unexpected Surplus?

Kelemen, Jasmina
March 2005
Bond Buyer;3/21/2005, Vol. 351 Issue 32094, Special section p77
Trade Publication
Reports on the proposals made by Nevada lawmakers in handling surplus revenues from the new levies despite an approval for tax increase. Suggestion made by Governor Kenny Guinn that the surplus revenue be put in a spending plan that focus on the improvement of the educational standards; Impact of the tax increase on the educational budget; Appeal by state legislators for property tax freeze; Agreement between the governor and the leaders of the Legislature to inject the Millennium Scholarship program with money reallocated from the general fund and revenue earned from abandoned property.


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