Governor of Nevada authorizes spending bills
By Sarah Rosier
CARSON CITY, Nevada: After the Nevada Legislature wrapped up its 2013 session on June 3, Gov. Brian Sandoval officially signed into law on June 10 four state budget bills passed during the session.
The bills authorized $19 billion in spending over the next two years. The operating budget for the state will constitute $6.6 billion of the spending, including $2.5 billion in K-12 education. This will be the first year education funding has been increased since 2009. Sandoval also authorized the state to conduct an independent study on the cost of the death penalty to taxpayers.
In 2014, a 2.5% pay cut for Nevada state employees will be reversed, although the mandatory six furloughed days per year will still be in effect. Another highlight is the approval of a bill that allows the issuing of bonds to the federal government to pay off a debt of around $540 million.
The final budget was very similar to Sandoval's proposed budget.
- Daily Journal, "Nevada Gov. Brian Sandoval signs bills into law, including final 4 state budget bills," June 11, 2013
- RGJ, "Nevada Gov. Sandoval completes action on all passed bills," June 14, 2013
- CPA Practice Advisor, "Nevada Gov. approves $19 billion two-year budget," June 12, 2013
- RGJ, "Panels vote to restore Nevada state worker pay," May 31, 2013