October 31, 2014
LAS VEGAS (AP) - Clark County officials say the county could lose up to $47 million in yearly property tax revenue to state government under the governor's budget proposal.
Such a reduction would lead to large program cuts and as many as 350 layoffs.
Faced with a state budget shortfall, Republican Gov. Jim Gibbons wants to take tax revenue from the counties and move it to state coffers.
County administrator Don Burnette estimates Clark County would loses between $32 million to $47 million. Burnette says $32 million is about what the county spends on the court system.
Like the state, the county is struggling with slowed growth in property tax revenue during the recession.
It already has left 350 jobs unfilled and slashed services at the University of Medical Center.
Information from: Las Vegas Review-Journal, http://www.lvrj.com
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