LAS VEGAS (AP) — County officials in Nevada have projected an 18% increase to its budget beginning in July, a sign officials believe the economy will steadily recover after an economic downturn caused by the pandemic.
The Las Vegas Review-Journal reported Tuesday that Clark County Chief Financial Officer Jessica Colvin said projected revenue growth is also reflective of how much the county, which includes Las Vegas, needed to make up.
Lawmakers approved a $1.51 billion tentative budget for the upcoming fiscal year, which begins July 1, less than a year after passing a $1.28 billion spending plan.
Colvin said county lawmakers must still consider how to allocate funding under the federal economic recovery package. The deadline for the final budget is June 1.