In conjunction with the shift to the new pupil-centered funding formula, the Nevada legislature approved general fund appropriations for an external evaluation to determine the impact of transferring certain state K-12 categorical programs (i.e., Zoom, Victory, and SB 178) into the PCFP and to measure the effect these transfers had on schools and students that the K-12 categorical programs previously targeted. In this report, CREA presents the results of our evaluation of the impact of the Nevada Pupil-Centered Funding Plan.