Judge Orders $75K Bond To Keep School Choice Program On Hold
CARSON CITY, Nev. (AP) — A judge has ordered opponents of Nevada's new Education Savings Account program to post a $75,000 bond that would pay the state's costs of putting the program on hold if a court-ordered injunction is overturned.
Carson City Judge James Wilson's decision this week is less than the $239,000 that Treasurer Dan Schwartz had requested to cover nearly $3,000 a month in application data storage fees and $125,000 to retain outside lawyers. But it's more than lawyers for six public school families wanted.
The plaintiffs wanted the bond to be "nominal," or almost nothing. Wilson said he didn't have enough evidence from either side to support their requested bond amounts, but said $75,000 was reasonable.