UNLV Releases White Paper on Fiscal Impact of Nevada Sales Tax
In an effort to determine future impacts of a possible sales tax on services, the University of Nevada, Las Vegas has released a white paper, A General Sales Tax on Services in Nevada: Fiscal Impacts & Stability. The white paper found that the best-case scenario for potential revenues from a uniform tax of 2 percent on services will yield approximately $777 million annually. The report also found that a sales tax on services doesn’t represent a “magic bullet” to reducing volatility in state public finances.
NDOT Begins Work on USA Parkway Extension
The Nevada Department of Transportation (NDOT) has begun work on extending USA Parkway in the Tahoe Reno Industrial Center (TRIC). The road was orginally privately built to connect TRIC to Interstate 80. Governor Sandoval called the extension “necessary infrastructure for the new Nevada economy.” The road is expected to serve over 17,000 vehicles daily.
AT&T Enhances Nevada Networks
Over the past three years, AT&T has announced an investment of over $800 million in Nevada wireless and wired networks. The investment is intended to enhance AT&T’s coverage of the state and provide a broader range of services for Nevada customers. Additionally, last year, the telecom company made over 230 wireless upgrades in the state including new cell sites.
Republic Services Unveils Recycling Exhibit on the Strip
Partnering with the Mirage Hotel & Casino, Republic Services has unveiled the Sustainability Discovery Center in the hotel’s Secret Garden and Dolphin Habitat. The center features diverse interactive displays to educate visitors on the importance of preservation.