Ask Joe: What Happened to Rental Car Tax ?

Reported by: Joe Hart
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 2/01/2013 9:57 pm
Richard Biniek from Sparks wrote in asking whatever happened to the rental car tax that was being collected to help pay for the baseball stadium ?

I checked with the City of Reno about this.
That rental car tax was approved in 2009 and it brings in more than a million dollars a year.  Not as much as was projected but still a significant amount of money which  is collected and distributed by washoe county .
Here's a breakdown of how much money has been raised through this tax.
$1. 5 million in 2009, and then $1.1 or $1.2 million each of the last three years.   The county controller says all of that money is used to pay down the debt on the baseball stadium. 
Now this week, the city approved a deal to pay a million dollars a year to help refinance the baseball stadium.  And the county will also be asked to contribute.  That money is on top of the roughly five million that's been raised through the car rental tax.  So it is all part of the equation when it comes to financing the baseball stadium.

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 2013 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.