LAS VEGAS (AP) — A report commissioned by Nevada taxi companies disputes that the industry was overcharging customers by $47 million a year.
A report done by economist Jeremy Aguero and his company Applied Analysis concluded that potential overcharges were only about $3 million a year. The biggest difference is that the cab industry doesn't find that a $3-per-transaction credit card fee is inappropriate.
State officials released an audit earlier this year that suggested cab fuel surcharges and credit card fees were excessive. The audit was critical of the board that approves taxi rates in the Las Vegas area and recommended abolishing the related agency.
A panel of lawmakers recommended Thursday that the Clark County-specific Nevada Taxicab Authority be combined with the Nevada Transportation Authority, which regulates cabs in the rest of Nevada.