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Centennial commission hears finance update showing $1.3 million in plate revenue, $258,000 net decrease

3275056 · May 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City finance staff told the Commission for the Las Vegas Centennial on May 12 that through April the fund had received $1.3 million in license-plate revenues, posted $205,000 in interest, and showed a net decrease in assets of about $258,000; commissioners asked staff for more detailed line-item reporting and DMV plate-count data.

The Commission for the Las Vegas Centennial received a fiscal update on May 12 from Paul Presnahan of the City of Las Vegas Department of Finance showing $1.3 million in license-plate revenue through April and an overall net change in assets of minus $258,000.

Presnahan said, “You should have before you a financial statement as of 04/30/2025 … We have license plate revenue of 1,300,000,” and noted interest income of $205,000. The statement presented total…

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