Sales Tax Increase On Ballot This Fall In Washoe County
RENO, Nev. (AP) — Washoe County voters will be asked this November about whether to hike sales taxes to help pay for schools.
The proposal would raise Washoe County's sales tax rate to 8.265 percent, up from its current rate of 7.725 percent.
The Reno Gazette-Journal reports a Washoe County committee on Friday agreed to put the question on the November ballot.
If it passes, the county will have the highest sales tax in Nevada.
Committee members say the increase will allow the county to issue $781 million in bonds to renovate and build schools. The debt would be repaid with money earned from the sale tax increase over 20 years.