By Andrew Doughman / Nevada News Bureau
Despite upgrading Nevada’s outlook from negative to stable, the credit rating agency Moody’s downgraded Nevada’s credit rating to Aa2 from Aa1.
The rationale behind the adjustment involves Nevada’s Legislature. Moody’s cited the two-thirds supermajority required to raise taxes as a negative in Nevada.

By Sean Whaley / Nevada News Bureau
CARSON CITY – Gov. Brian Sandoval said emphatically today he will veto a bill passed by Democrats in the Legislature that would allow school districts to use up to $300 million in bond reserve funds to rehabilitate older schools.
He also expressed confidence that $60 million in general fund Medicaid rate reductions included in his budget are legally defensible and can be implemented despite a legal opinion to the contrary.

Another winter storm system is poised to hit the Carson City area today, with rain turning to snow later this afternoon.

A winter weather advisory has been issued by the National Weather Service for the Carson City, Carson Valley and Reno areas, with a winter storm warning in effect through 11 a.m. Friday for Lake Tahoe and the Sierra.

Last month, the Carson City Board of Supervisors heard complaints from the owners of two private golf courses about the city subsidizing the operator of the city-owned Eagle Valley Golf courses by forgiving its $200,000 lease payment.

One issue brought up at the time was that the city needs the Eagle Valley courses to help dispose of effluent water from its sewage treatment plant. If Eagle Valley was not operating, then the city would be forced to spend more money to build more storage for the water.