The city’s rating slid six notches between June 2012 and January 2014, Moody’s spokesman David Jacobson said. The recent upgrade gets the city within one grade of its June 2012 rating of A3.
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Estimates indicate Southern Nevada annually collects tens of millions of dollars in room tax from state residents.
Attorneys for the Las Vegas Convention and Visitors Authority board have agreed to sweeten a pending deal for CEO Rossi Ralenkotter by upping his post-retirement consulting contract to $270,000 amid a police investigation of the agency.