July 29, 2014
LAS VEGAS (AP) - Clark County and the state have reached a deal to settle a lawsuit over taxes diverted from the county to balance the state budget three years ago.
The Las Vegas Review-Journal reports the county had sought to recoup $102.5 million and won't get all that money back.
Under the agreement, the state will provide $35 million to the county's $50 million airport connector project on the Las Vegas Beltway, and will adjust its Medicaid funding formula so the county saves nearly $16 million through June 30.
County commissioners are expected to take action on the deal next month.
The agreement ends a dispute that began in 2009, when the Legislature passed a bill that took money from the county to plug holes in the state budget.
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