Douglas details killing of South Lake Tahoe girl
March 19, 2003
Despite a sluggish statewide economy that has meant less money for Nevada counties, the financial health of Douglas County has been good overall, thanks to commercial growth.
Douglas County leaders will meet at 4 p.m. today and 5 p.m. Thursday in Minden to pore over the proposed $109.4 million budget, which needs about $100,000 trimmed from it.
The plan includes Douglas County’s getting $96.7 million, the county’s redevelopment agency $1.8 million, and East Fork Fire and Paramedics District $10.8 million.
All things considered, the county has fared well despite the state’s fiscal problems, said County Manager Dan Holler.
A stable building industry, additional retail, including Wal-Mart, manufacturing and stable tourist numbers at Lake Tahoe have contributed to the county’s fiscal good health, Holler said.
The state’s story is different. The state will distribute 2.8 percent of the bed and sales tax dollars to counties. Last year it was more than 4 percent.
Recommended Stories For You
And while low interest rates have fueled a resurgence in home building, interest income is lagging. The county is scheduled to generate about $200,000 in income for this year, as compared to about $400,000 last year.
“This time around, the change has been significant,” Holler said. “Had (the interest rates) or the consolidated tax figures been better, we would have been balanced with a potential surplus.”