Revises provisions governing budgeting for public education. (BDR 34-1160)

SB 471 revises Nevada's public school funding rules by removing specific formulas the Governor must use to calculate education budget transfers. It eliminates requirements that the Governor ensure funding increases based on Economic Forum revenue projections, inflation, or enrollment growth, instead requiring only that the State Education Fund (excluding the Stabilization Account) contains sufficient funds. The bill also removes the obligation for the Governor to recommend legislative changes if they deviate from the old calculation methods. This directly affects how Nevada's public schools receive state funding, shifting from prescriptive formulas to broader funding adequacy. The bill is pending in the Finance Committee after its first reading in May 2025.