Legislators designed the corporate activity tax to provide a reliable $1 billion a year dedicated to preK-12 public education. Districts were promised $473 million in July, but that was before the economy took a downturn due to COVID-19. Even though the four categories listed below remain the same, the dollar amounts have been reduced. The NSSD's share of the funding shrank from approximately $1.9 million to $573,000. Budget items have preprioritized to fit into the new funding amount.
TO VIEW THE NSSD TIMELINE CLICK HERE
To access the funding available in the Student Investment Account (SIA), school districts had to submit an SIA Application. Prior to doing so, they were required to engage in meaningful dialogue with all their stakeholders (student, staff, families and community members). The District did so through various surveys, staff steering committees and a parent advisory group. The District's application was then submitted and approved. The plan has come back to the District in the form of a Grant Agreement which the Board of Directors approved in the November 19, 2020 meeting. The Grant Agreement can be viewed by clicking HERE , from the menu to the right or under Pages on a moble device.
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