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Lyon County School District Opposition To Fernley Redevelopment Plan
It is the goal of Lyon County School District educators, staff and leadership personnel to provide a world-class education to all of our students.

In October of 2018, the City of Fernley presented its proposed Redevelopment plan to the LCSD Board of Trustees.

LCSD is opposed to the Fernley Redevelopment Plan in its current form.

The City of Fernley seeks to collect incremental property tax revenue and reinvest them back into their project, which will have negative tax implications and a negative financial impact on LCSD.

In its current form, LCSD would receive little or no additional property tax revenue for new students and would result on significant and permanent budget shortfalls, class size increases and program reductions, which hinders the quality of education for all of our students.

In addition, in its current form, LCSD would have to take drastic measures to balance budgets, which could possibly mean laying off educators and reducing personnel.

LCSD asks the City of Fernley to adopt a redevelopment plan that does not negatively impact the school district and our goal of providing our students the world-class education they deserve.

LCSD Board Members and Leadership personnel presented their opposition and resolution at the City of Fernley meeting on December 5, 2018.
What is redevelopment?
Redevelopment is a process authorized under Nevada law (NRS Chapter 279) that enables communities to establish redevelopment agencies that can identify blighted areas in need of revitalization.

Redevelopment activities are paid for by using money earned from the increment in tax property from year to year. Property owners within a Redevelopment Area do not pay additional property tax but a portion of the property tax—the “tax increment”—is set aside and must be used for Redevelopment activities.

The City of Fernley's Redevelopment Plan, in its current form, has negative financial implications for LCSD.

Currently, Lyon County and the School District's operating fund will suffer greatly from Fernley's redevelopment plan because it is their portion that will be lowered to accommodate putting more money toward redevelopment.

Redevelopment projects typically take around 30 to 40 years to complete. In its current form, Lyon County and the School District would be negatively affected for a very long time. Lyon County and LCSD are asking that the Fernley Redevelopment plan be revised.