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June 6, 2012
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Forum to receive update on state economy

The Economic Forum meets Monday for an update on the state of Nevada's economy.

The five-member forum will hear presentations on the impact of tax changes approved by the 2011 Legislature as well as reports on projected versus actual revenue collections, the state's unemployment outlook, tourism statistics and real estate trends, among other issues.

The purpose of the interim meetings is to keep forum members better informed for the major meetings in December and May 2013, when the forum must project General Fund revenues to build the state budget.

This interim meeting, however, is a review with no projections on the agenda.

Two of the members are new to the forum, although one of them - former City of Las Vegas financial guru Marvin Leavitt - is anything but new to the process. Leavitt is regarded as one of the most knowledgeable government finance experts in the state. He was nominated by Assembly Speaker John Oceguera, D-Las Vegas.

The other new member is Chris Nielsen, CFO of the Zappos, an online retailer based in Henderson. He was selected by Senate Majority Leader Steven Horsford, D-Las Vegas.

Gov. Brian Sandoval confirmed their appointments this past week.

Sandoval also reappointed three members to another two-year term on the forum. They are Ken Wiles, managing director of Acceleron Group, Linda Rosenthal, director of treasury operations for IGT, and Matthew Maddox, treasurer for Wynn Resorts.

What: Economic Forum

When: 9 a.m. Monday

Where: Room 4100 Legislative Building

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The Nevada Appeal Updated Jun 6, 2012 05:28AM Published Jun 6, 2012 05:27AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.