Memo: NSEA Opposes AB523

Last week, nearly 1000 educators and supporters rallied in front of the legislature, umbrellas in hand, to say It’s a Rainy Day in Nevada, and so it’s Time for 20, meaning a 20% raise for every Nevada educator, starting pay of $20/hour, and average class sizes of 20 students.

Certainly, Nevada’s strong economy and record revenue is welcome news, but it’s still a rainy day for Nevada schools. Nevada ranks 48th in education funding, even behind Mississippi. And everyone knows Nevada has the largest class sizes in the nation. The crisis of educator vacancies has reached a tipping point. In the last two years, Nevada will lose more than 15% of our teaching workforce. Nevada also has a serious problem with vacancies in classified positions, meaning we are short people who make our schools run. Nevada’s severe educator shortage threatens the basic function of our school system. It’s a rainy day for Nevada schools.

AB523 increases the cap on the Education Stabilization Account from 15% to 20%, which would stash away an additional $322 million by the end of the biennium, meaning the legislature adjusted Gov Rec with a larger increase for reserves than our schools.

When combining the Education Stabilization Account with the state’s Rainy Day Fund, reserves could approach nearly $3 billion next biennium, 7 times the state’s previous high of $401 million! NSEA believes it is fiscally irresponsible to underfund education and over-inflate reserves, when we can’t retain educators or fill their positions when they leave.

Throughout this session, you’ve heard from a parade of educators about the hardships of working in education with low pay and increasingly stressful working conditions, and last week educators showed up with the thunder and lightning. Instead of increasing reserves, NSEA encourages the legislature to use additional monies from reserves to fund Time for 20. It’s a rainy day for Nevada schools.