November 23, 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.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.