Nevada panel to get update on state revenues

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 6/03 6:11 am

CARSON CITY, Nev. (AP) — An independent panel that projects Nevada tax revenues will get an update from state agencies.

But the Economic Forum will not make any new forecasts Tuesday on how much money the state will have in its coffers for the upcoming two-year budget cycle. That meeting comes later this year in advance of the 2015 Legislature.

Most state revenues like casino and sales taxes are at or near projections made when the 2013 Legislature passed a $6.6 billion general fund budget.

A big exception is net proceeds taxes on mining. The forum in May 2013 anticipated mining taxes would bring in $93 million for state coffers. But so far actual collections are $73 million short because of slumping gold prices.

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
NEWSCASTS ON DEMAND
WATCH OUR LIVE NEWSCAST

What's On

All content © Copyright 2014 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.