Property taxes an issue for Nev. legislators
By Thomas Moore, Las Vegas Sun
CARSON CITY — Homeowners may not think about property taxes often, but Nevada’s county and city government officials do. During this year’s Legislature, they’re busy asking state lawmakers to change the property tax abatement, or the cap, that limits how much larger your property tax bill can grow from one year to the next.
The cap, enacted in 2005, those officials say, has caused revenues from property taxes to stay at roughly the same levels they were before the recession even though — as the economy improves — the demand for services from local governments has grown.
As they testified before legislative committees, local government representatives listed services they said are suffering from flat revenues, chief among them education and public safety.