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June 19, 2012
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City of Fernley files suit seeking more tax revenue

Fernley has filed a lawsuit demanding a bigger share of the consolidated tax revenue received by Lyon County.

The suit filed June 6 in Carson District Court argues that the way the consolidated tax system is set up denies Fernley any chance of receiving a fair share of the revenue it generates. That revenue is used to cover operating expenses and provide services by local governments throughout Nevada.

The C-Tax was created in 1997 to split up money among local governments in Nevada. It consists of the tobacco and liquor taxes, governmental services tax, real property transfer tax, basic city-county …

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The Nevada Appeal Updated Jun 19, 2012 01:01PM Published Jun 19, 2012 01:01PM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.