Nev. OKs school bonds without voter approval
By Trevon Milliard, Reno Gazette-Journal
Nevada school districts now have the authority to issue 10-year bonds without voter approval, according to an emergency bill passed by the Assembly and signed into law by Gov. Brian Sandoval on Wednesday.
The law change will provide an estimated $20 million a year to Washoe County School District to build new schools and renovate existing campuses over the next decade, not to mention also providing a multimillion-dollar funding source to districts around the state for the same cause.
The emergency bill, Senate Bill 207, was a quick replacement Tuesday for Senate Bill 119, which was stalled in the Assembly because of another provision that would have dropped the requirement that workers be paid prevailing wages for school construction projects.