Nevada § 387.3328 Deposit and use of proceeds of tax

Nevada Statutes

§ 387.3328 — Deposit and use of proceeds of tax

Nevada § 387.3328

Title 34EDUCATION

Ch. 387Financial

Additional Taxes to Alleviate Overcrowding and Satisfy Repair Needs in Certain Counties

This text of Nevada § 387.3328 (Deposit and use of proceeds of tax) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 387.3328 (2026).

Text

The proceeds of any tax or taxes imposed pursuant to NRS 387.3324 and 387.3326: 1. Must be deposited in the school district’s fund for capital projects established pursuant to NRS 387.328 , to be held and, except as otherwise provided in subsection 2, expended in the same manner as other money deposited in that fund. 2. May be pledged to the payment of principal and interest on bonds or other obligations issued for one or more of the purposes set forth in NRS 387.335 . The proceeds of such taxes so pledged may be treated as pledged revenues for the purposes of subsection 3 of NRS 350.020 , and the board of trustees of the school district may issue bonds for those purposes in accordance with the provisions of chapter 350 of NRS. 3. May not be used:

(a)To settle or arbitrate disputes betwee

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The proceeds of any tax or taxes imposed pursuant to NRS 387.3324 and 387.3326:
1. Must be deposited in the school district’s fund for capital projects established pursuant to NRS 387.328 , to be held and, except as otherwise provided in subsection 2, expended in the same manner as other money deposited in that fund.
2. May be pledged to the payment of principal and interest on bonds or other obligations issued for one or more of the purposes set forth in NRS 387.335 . The proceeds of such taxes so pledged may be treated as pledged revenues for the purposes of subsection 3 of NRS 350.020 , and the board of trustees of the school district may issue bonds for those purposes in accordance with the provisions of chapter 350 of NRS.
3. May not be used:
(a) To settle or arbitrate disputes between a recognized organization representing employees of a school district and the school district, or to settle any negotiations; or
(b) To adjust the district-wide schedule of salaries and benefits of the employees of a school district.