|
Saturday, March 26, 2005
Copyright © Las Vegas Review-Journal
PROPERTY TAX RELIEF PROPOSAL
| Nevada lawmakers on Friday proposed capping property taxes. This chart shows how much property tax revenue some local governments in Southern Nevada would receive under the proposal compared to what they collected last year and compared to what they would receive if no cap were enacted. | | City or County | Property taxes collected in 2004-05 | Property taxes projected 2005-06 with no caps | Property tax revenue growth rate with no caps | Property taxes projected 2005-06 with caps | Property tax revenue growth rate with caps | | Boulder City | $860,435 | $1,029,014 | 19.6 | $909,315 | 5.7 | | Clark County | 299,597,076 | 383,743,662 | 28.1 | 325,963,649 | 8.8 | | Clark County debt | 16,137,992 | 20,670,603 | 28.1 | 17,558,245 | 8.8 | | Clark County School District | 355,985,118 | 455,969,180 | 28.1 | 387,314,222 | 8.8 | | Clark County School District debt | 262,669,553 | 336,444,459 | 28.1 | 285,786,254 | 8.8 | | Henderson | 36,454,268 | 46,769,626 | 28.3 | 39,650,145 | 8.8 | | Henderson debt | 16,643,465 | 21,353,018 | 28.3 | 18,102,566 | 8.8 | | Las Vegas | 84,366,866 | 109,936,663 | 30.3 | 91,487,126 | 8.4 | | Las Vegas debt | 960,298 | 1,251,344 | 30.3 | 1,041,343 | 8.4 | | Las Vegas fire safety | 11,847,527 | 15,438,260 | 30.3 | 12,847,416 | 8.4 | | North Las Vegas | 13,230,204 | 18,093,024 | 36.8 | 14,721,574 | 11.3 | | North Las Vegas debt | 2,013,503 | 2,753,575 | 36.8 | 2,240,474 | 11.3 | | North Las Vegas public safety | 17,804,287 | 24,348,331 | 36.8 | 19,811,269 | 11.3 | | SOURCE: Nevada Legislature | REVIEW-JOURNAL |
|