Economic Forum projects Nevada to see revenue drop by $343 million
CARSON CITY - Unless legislators extend taxes scheduled to expire July 1, state government will operate with $343 million less money in 2014-15 than it is spending during the current two-year budget period.
And even that depends on how the folks in Washington, D.C., handle the federal government's fiscal crisis.
That was the grim but expected news that came out of Friday's meeting of the Economic Forum, the group of five business leaders who by law determine how much tax revenue state government will have to spend during the two-year period that starts in July.