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Nevada Controller: Schools Have Lost $108M Since 2016 To Tax Breaks For Tesla, Other Corporate Newcomers

The Nevada controller’s office says tax breaks used to attract Tesla, Apple and other corporate entities to the state have cost public schools more than $108 million in the past 2 years. 

The Reno Gazette-Journal reviewed state financial documents dating back to July 2016.  The reports reveal losses totaling $69.9 million for the Storey County School District, $16.5 million for Washoe County and $19.1 million for Clark County.

Tesla has pledged education grants to area schools in coming years, but the total anticipated amount of those grants represents just a little over half of Storey County’s two-year losses. 

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Governor-elect Steve Sisolak ran for office on a platform advocating for smaller class sizes and higher pay for teachers.

A spokesman told the Gazette-Journal Sisolak is "consistent in his commitment to scrutinize any incentive package to ensure that any deal benefits communities and Nevadans alike."