During a vote today, the Board of Directors of the Las Vegas Global Economic Alliance (LVGEA) passed a resolution expressing their support of S.B. 543, the Woodhouse-Denis Education Funding Plan, which seeks to modernize Nevada’s K-12 education funding formula.
“Education and economic development are inextricably linked,” said Glenn Christenson, LVGEA’s Public Policy Committee Chairman and Managing Director of Velstand Investments. “We believe S.B. 543 is a significant step forward for the future of education and workforce development in our state.”
If passed during the 2019 legislative session, the new funding model would be effective July 1, 2021.