Redevelopment funds questioned

A conservative think tank, a Clark County commissioner and a labor union agree on one thing: There are better ways to spend tax money during a recession than on redevelopment.

Commissioner Chris Giunchigliani wants to suspend the county’s 5-year-old redevelopment program so its $11 million in yearly tax money can be re-directed to schools, police and other services.

Despite the county’s efforts to woo developers, none has forged ahead in building within the three redevelopment zones in the east Las Vegas Valley, said Giunchigliani, blaming the weak market.

“The economy is bad,” she said. “It’s more prudent to put taxes into services where it’s most needed.”

She asked staff to report back to her but gave no deadline.

Commissioner Lawrence Weekly said he would support erasing the redevelopment agency if some of the tax money went to schools. Redevelopment programs aim to enhance blighted areas, which often are laden with rundown buildings and high crime.

Redevelopment agencies can be found in various forms across the country. Although they’ve succeeded in some areas, they’ve drawn criticism in other areas for taking money from public services.

The county designated two redevelopment areas on East Sahara Avenue and one at Twain Avenue and Maryland Parkway.

After a redevelopment zone is created, any increase in property tax revenue within that area is put into a fund to pay for improvements or foster business growth. This method is known as tax increments. The county has amassed $35 million in its fund.

Under Giunchigliani’s proposal, that money would remain available for new construction, design work or for the county to buy parcels. The fund, unlike the city of Las Vegas’ fund, can’t be used to spruce up existing structures.

If the program is suspended, the county could revisit it in a couple of years when the economy improves and then decide whether to unfreeze it, she said. Yet even if the other commissioners back Giunchigliani’s idea, it could face another hurdle: Will state law allow the program’s funding mechanism to be put on hold?

Statutes offer guidance for setting up a program but none for suspending or closing one, said Jeff Wells, assistant county manager.

State lawmakers might have to authorize the county cutting off the program’s tax money, and perhaps even change the statutes, Wells said. “As far as we know, it has not been done before in Nevada,” he said.

If the yearly $11 million is pulled from the program, about $4.2 million would go to the state for schools, county officials said. Also, $5.1 million would be dispensed to the county, $870,000 to the state, $410,000 to police and $417,000 to libraries.

These types of numbers show the extent that redevelopment agencies siphon tax dollars from schools and vital services, said Geoffrey Lawrence, an analyst for the Nevada Policy Research Institute, the think tank.

Lawrence agreed with Giunchigliani’s suggestion to re-direct funds from the county’s program. He recently released a report that criticized using tax money to boost redevelopment. The city of Anaheim, Calif., lured developers downtown by relaxing regulations and removing zoning hurdles, not by dangling a tax carrot, Lawrence said.

Culinary Local 226 has blasted the city of Las Vegas for its redevelopment program. A union representative said she agreed with the conservative institute’s findings and with Giunchigliani’s attempt to regain the tax money.

“When you’re in an economic downturn and you’re contemplating layoffs … our critique is you should not be diverting tax funds,” Culinary spokeswoman Pilar Weiss said.

However, Giunchigliani expressed support for the county’s program, saying it has strong potential. The program is in its infancy and is stalling in a slow market, she said.

“When you look to redevelop an area, there should be incentives to help a developer get a project off the ground,” she said. “We’ve just got to recognize the economics.”

Contact reporter Scott Wyland at swyland@reviewjournal.com or 702-455-4519.

ad-high_impact_4
News
The Las Vegas Metro hosts the K-9 Trials
The Las Vegas Metro K-9 Trials returns to the Orleans Arena to benefit the Friends For Las Vegas Police K-9 group.
Kingman residents love their little town
Residents of Kingman, Ariz. talk about how they ended up living in the Route 66 town, and what they love about their quiet community. (K.M. Cannon/Las Vegas Review-Journal)
Service at Southern Nevada Veterans Memorial Cemetery
Twelve unclaimed veterans are honored at Southern Nevada Veterans Memorial Cemetery in Boulder City in Oct. 9, 2018. (Briana Erickson/Las Vegas Review-Journal)
Las Vegas house prices reach highest level in 11 years
Las Vegas house prices are rising But so is the amount of available homes on the market Still, properties priced below $300,000 are selling fast And September was the first time since June 2007 that the median house price reached the $300,000 mark Las Vegas home prices have been rising at one of the fastest rates in the country over the past year Recent data show the market is now less affordable than the national average
National Night Out
About 100 Summerlin residents gathered at Park Centre Dr. in Summerlin on Tuesday for National Night Out. Lt. Joshua Bitsko with Las Vegas Metro, played with 3-year-old David who was dressed as a police officer. Face painting, fire truck tours and more kept kids busy as parents roamed behind them. (Mia Sims/Las Vegas Review-Journal)
Rural homeless issue comes to a head in Pahrump
On Sept. 12, Pahrump sheriff deputies told residents of a homeless encampment on private property that they had 15 minutes to vacate and grab their belongings. That decision might face some legal consequences. (Rachel Aston/Las Vegas Review-Journal)
Remembrance blood drive on October 1
A blood drive was held at the Las Vegas Convention Center on the one year anniversary of the Oct. 1 shooting. (Mat Luschek/Las Vegas Review-Journal)
Remembrance Lights memorial unveiled at St. Rose hospital
A dedication ceremony was held at St. Rose to unveil a memorial and to read the names of those who died on October 1, a year ago. (Mat Luschek/Las Vegas Review-Journal)
1October Blood Drive Remembrance Wall
(Mat Luschek/Las Vegas Review-Journal)
1October Blood Drive
Vitalent hosts a blood drive at the Las Vegas Convention Center on Monday, Oct. 1, 2018, the first anniversary of the Las Vegas shootings. (Mat Luschek/Las Vegas Review-Journal)
1October sunrise remembrance ceremony in Las Vegas
Myanda Smith, sister of Las Vegas shooting victim Neysa Tonks, speaks at the sunrise remembrance ceremony at the Clark County Government Center in downtown Las Vegas, Monday, Oct. 1, 2018. (Chitose Suzuki/Las Vegas Review-Journal)
‪Gov. Brian Sandoval speaks to crowd at Oct. 1 sunrise remembrance ceremony ‬
‪Nevada Gov. Brian Sandoval speaks to the crowd at the Oct. 1 sunrise remembrance ceremony ‬at the Clark County Government Center in downtown Las Vegas, Monday, Oct. 1, 2018. (Michael Quine/Las Vegas Review-Journal)
Father of Route 91 Harvest festival shooting victim talks about college scholarship in his daughter's memory
Chris Davis, father of a Route 91 Harvest festival shooting victim, Neysa Tonks, talks about a college scholarship in his daughter's memory to assist the children of those who died in the shooting. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Oct. 1 survivor Malinda Baldridge talks about life after the shooting
Malinda Baldridge of Reno attended the Route 91 Harvest festival with her daughter, Breanna, 17, and was shot twice in the leg when the gunman fired on the crowd.
Route 91 survivor talks about lack of progress in gun legislation
Heather Gooze, a Route 91 survivor, talks about lack of progress in gun legislation since the Oct 1. (Bizuayehu Tesfaye/Las Vegas/Review-Journal) @reviewjournal
Review held in death of man after encounter with Las Vegas police
The mother of Tashii Brown, who died after an encounter with Las Vegas police on the Strip, not satisfied after public review of evidence. (K.M. Cannon/Las Vegas Review-Journal)
Clark County Museum opening "How We Mourned: Selected Artifacts from the October 1 Memorials"
The Clark County Museum is opening an exhibit "How We Mourned: Selected Artifacts from the October 1 Memorials" of items left to honor the victims killed in the Route 91 Harvest festival shooting. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Memorial service for former RJ lawyer Mark Hinueber
Mark Hinueber, the Review-Journal's former lawyer and defender of the First Amendment, died in Las Vegas on Aug. 23. Hinueber, who was 66, worked at the RJ and other newspapers for 42 years. On Saturday, his friends and family gathered for a memorial service.
Army veteran honored in Henderson event
Army Sgt. Adam Poppenhouse was honored by fellow veterans in an event hosted by a One Hero at a Time at the Henderson Events Center.
Michelle Obama and Keegan-Michael Key urge Nevadans to vote
Former first lady Michelle Obama and comedian Keegan-Michael Key urged Nevadans to vote at Chaparral High School in Las Vegas Sunday, Sep. 23, 2018. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Nevada Task Force One Cheers Golden Knights
Nevada Task Force One Cheers Golden Knights
1 dead, 1 wounded in North Las Vegas standoff
A woman was hospitalized with serious injuries on Thursday morning after being shot inside a North Las Vegas house. Police responded about 11 p.m. to a shooting at a home on the 5600 block of Tropic Breeze Street, near Ann Road and Bruce Street. The wounded woman, police believe, was shot by a man, who later barricaded himself inside the house. SWAT was called to assist, and when officers entered the house, they discovered the man dead from an apparent self-inflicted gunshot wound.
Las Vegas Teen Makes Clothing Resale His Side Hustle
Las Vegas resident Reanu Elises, 18, started buying and selling streetwear online when he was a high school junior. Like many other young adults, the world of online resale applications like Depop and Mercari have made selling clothing online for a profit easy. Now, Elises spends his free time at thrift shops looking for rare and vintage clothing he can list on his on his shop. Now in his freshman year at UNLV as a business marketing major, Elises hopes to open a shop of his own one day and start his own clothing brand. He estimates that he's made about $1000 from just thrifted finds in the past year, which he'll use to buy more thrift clothing and help pay for expenses in college. (Madelyn Reese/ Las Vegas Review-Journal) @MadelynGReese
Fruition Vineyards Encourages Young Entrepreneurs to "Buy, Flip, Dream"
Once a month, young adults gather at Fruition Vineyards on South Maryland Parkway near UNLV to dig through a stack of rare, vintage and designer clothing that's marked down well below it's resale value. Shop founder Valerie Julian began the vent, dubbed "Fruition Vineyards" in August after running her streetwear shop since 2005. The event gives young entrepreneurs the opportunity to "buy, flip, dream" according to Jean. Meaning that they're encouraged to buy the clothing for sale and find a way to resell it for a profit, then reinvest that into whatever dream they pursue: college, a hobby or their own resale business. Shoppers lined up starting an hour before noon on the last Saturday in April for the opportunity and spoke about what they hoped to do with their finds and profits. (Madelyn Reese/Las Vegas Review-Journal) @MadelynGReese
Local man goes under cover searching for answers to homelessness
Licensed mental health therapist Sheldon Jacobs spent 48 hours under cover posing as a homeless man in an attempt to gain perspective on the complex issue.
Social Work UNLV Lecturer's Calling
Ivet Aldaba-Valera was the first person in her family to graduate from both high school and college. The 33-year-old UNLV lecturer is now pursuing her Ph. D in public policy at the school and has used her degree in social work to engage with the young Latino and Latina community of Las Vegas. (Madelyn Reese/Las Vegas Review-Journal) @MadelynGReese
The world's longest racetrack could be coming to Pahrump
Spring Mountain Motor Resort and Country Club in Pahrump might be the first racetrack in the world longer than 16 miles long once the expansion is complete. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Gold Point townsperson talks about why he choose to live in a ghost town
Gold Point townsperson Walt Kremin talks about the ghost town in Nevada he calls home. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Search for missing 3-year-old boy at Sunset Park
Las Vegas police and Red Rock Search and Rescue team search for a missing child at Sunset Park in southeast Las Vegas on Sunday, Sept.2, 2018. (Chitose Suzuki/Las Vegas Review-Journal)
Nobel Peace Prize winner Malala Yousafzai speaks at Las Vegas tech conference
Nobel Peace Prize winner Malala Yousafzai, who was shot by the Taliban on her way home from school in Pakistan after advocating for girls' education, spoke at VMworld 2018 at Mandalay Bay. (K.M. Cannon/Las Vegas Review-Journal)
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like