Bill > SB506

This bill provides appropriations to the Interim Finance Committee for allocation to the State Public Charter School Authority (SPCSA) to fund salary increases for teachers and education support professionals in charter schools during fiscal years 2025-2026 and 2026-2027. The bill appropriates $19,314,297 for each fiscal year, with funds to be distributed proportionally based on the number of eligible employees at each charter school. Charter schools must submit detailed reports about their current employee numbers and develop plans for using the funds to increase salaries without replacing existing compensation. The bill requires schools to submit statements of employee numbers by June 15 each year, develop salary increase plans by August 15, and provide detailed reports on fund usage by August 1 of the following year. The SPCSA must compile and submit these reports to the Interim Finance Committee. Importantly, the appropriated money is intended to supplement, not replace, existing funding sources, and any unused funds will revert to the State General Fund. The bill defines specific categories of employees eligible for these salary increases, including teachers, administrators, and various education support professionals like paraprofessionals, school nurses, counselors, bus drivers, and maintenance staff.

Budget and Finance

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12967/Overview