Las Vegas Sun

April 25, 2015

Currently: 53° — Complete forecast | Log in | Create an account

School District faces $180 million budget shortfall

The Clark County School Board received a jolt Wednesday night — a report of a $180 million shortfall in the fiscal 2012 budget.

“Ouch,” one board member murmured.

The Clark County School District budget for fiscal 2012 is expected to be about $2 billion.

Jim McIntosh, the school district’s deputy chief financial officer, told board members that a $150 million of the shortfall is projected because of falling state funding, falling property tax receipts and expected employee pay increases when union concessions expire in the year beginning in July 2011.

In the past, union contracts have been as many as four years long, but last year because of the fiscal crisis, the unions, including the teachers union, agreed to one-year contracts.

In addition, the state this week required increases in the district’s contributions to the pension plan, the Public Employees Retirement System. That sum is projected to leave the district another $30 million short, McIntosh testified.

The shortfall is one of many problems looming next year as the state Legislature and Gov.-elect Brian Sandoval deal with a deficit of as much as $3 billion in a $6.5 billion two-year budget.

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy

Previous Discussion: 2 comments so far…

Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Comments that are off-topic, vulgar, profane or include personal attacks will be removed. Full comments policy. Additionally, we now display comments from trusted commenters by default. Those wishing to become a trusted commenter need to verify their identity or sign in with Facebook Connect to tie their Facebook account to their Las Vegas Sun account. For more on this change, read our story about how it works and why we did it.

Only trusted comments are displayed on this page. Untrusted comments have expired from this story.

  1. Two words: longevity pay

  2. boftx;
    I'm sure teachers have 2 words for you, too.

    Why not just cut out one of the R's...
    that should do it.