(Las Vegas, NV) — Voters went to the polls and rejected a property tax increase designed to generate between $669-720 million.
The Clark County School District had sought voter approval to temporarily raise property taxes by 21 cents per $100 in assessed valuation for up to six years, or about $74 per year on a property assessed at $100,000.
The initiative was overwhelmingly rejected, 65.6 percent to 34.4 percent.
Joyce Haldeman, the district’s associate superintendent of community and government relations told KXNT about how the decision was made. “When the trustees made the decision to put this question on the ballot they knew it was a tough economic time. We knew it was a risk to take and ask people to increase taxes when the economy had not yet come completely back.
The revenue would have paved the way for the construction of two new schools, the renovation of two others and technology and HVAC and electrical system upgrades.
Superintendent Dwight Jones has said that school closures and year-round schools are possible without the funding.