Listen Online - Listen on Mobile | Mobile App Info

Nevada: The Little Budget That Could

taxmoney Nevada: The Little Budget That Could

The state’s general fund is on the upswing.  KXNT’s Robert Rytina takes a look at this taxing issue:

Most major state revenue sources are projected up, except for one – can you name it?   Click MORE to see if you got it right!

The positive change in tax revenues from projections made in January by the Economic Forum are being seen in most major state revenues. Gaming revenues are an exception so far.

Frank Streshley, an analyst with the Nevada Gaming Control Board, reported last week that the final gaming numbers for fiscal year 2010, which ended June 30, were about $8.5 million below the forum projections.

Taxable sales for April, released earlier this month, were up 2 percent, the first increase in 20 months. The general fund portion of the sales and use taxes is 3.2 percent, or $19.3 million, above the Economic Forum’s forecast for the 10 months of fiscal year 2010.


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Las Vegas

Get Started
Introducing Your New Podcast Network

Listen Live