Nevada Appeal Capitol Bureau

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June 15, 2012
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Nevada gets $23.9 million from PILT program

Nevada will receive $23.9 million in federal funding through the Payments In Lieu of Taxes program this year - $119,008 of it for Carson City.

PILT is a program designed to compensate states that have a disproportionately large amount of federally owned lands within their borders. In Nevada, 87 percent of the land is federal and, therefore, exempt from property taxes.

Sen. Harry Reid, D-Nev., said the funding can be used for essential services and improvements for education, law enforcement, health care and infrastructure.

In Nevada, many particularly rural counties are nearly all federally owned - several of them more …

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The Nevada Appeal Updated Jun 15, 2012 04:53AM Published Jun 15, 2012 04:51AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.