Today, Governor Sisolak released the Nevada COVID-19 Fiscal Report and details about the Fiscal Year 2021 budget ahead of the Nevada Legislative Special Session, which is planned for Wednesday, July 8.
The proposals submitted to the legislature include, but are not limited to:
- Over $500 million in reductions to agency budgets
- Reductions in one-time appropriations
- Reversions from the IFC restricted contingency funds
- Transfers from other funds to the State’s general fund
- Furlough days for state employees in the fiscal year, and holding open more than 690 state employee vacancies
- A tax amnesty program
- Acceleration of net proceeds of minerals
The press release can be found HERE.
A full breakdown of the budget by the NV Indy as well as the actual document can be read HERE.
Last week’s Situation Report can be found HERE.
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