Local Government Economic Development Efforts Crushed by a Mountain of Debt
June 21st, 2010, 01:44:31 PM
Since the passage of legislative efforts like Proposition 13 in California and the “tax-shift” legislation in Nevada in the 1970’s, local governments have become increasingly reliant on tourism and, more specifically, sales tax revenue to fund a growing demand for public services. A shrinking tax base means that local governments, like the City of Reno, [...]

