Summary
West Wendover CFO Alina Ceballos reported the city issued USDA consolidated tax revenue bonds and a Nevada Infrastructure Bank medium‑term bond in 2024 to fund downtown infrastructure and a fire station, with phase 2 downtown improvements planned for FY26.
The City of West Wendover told the Debt Management Commission it issued consolidated tax revenue bonds (USDA) in 2024 to fund downtown infrastructure phase one and fire station construction and that it does not carry general obligation bonds.
Alina Ceballos, chief financial officer for West Wendover, said the 2024 financing also included a medium‑term Nevada Infrastructure Bank issuance with an active drawing period; the city expects a final balance next year after the drawing closes. “The majority of the debt that City of West Wendover has is in the form of consolidated tax revenue bonds. These are USDA bonds that we issued in 2024 for the development of the downtown infrastructure phase 1 and also the construction of the fire station,” Ceballos said.
Ceballos identified downtown infrastructure phase 2 as an FY26 priority; phase 2 would add a restroom facility, a splash pad and an outdoor fitness area. She told commissioners the city does not plan to issue additional debt in FY25‑26 and that the city issued a capital lease in October 2024 for a residential garbage truck and maintains a mortgage on city hall entered in 2009.
Commissioners accepted West Wendover’s indebtedness report and plan unanimously.