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Nye County commissioners approve debt management policy and 2025–26 capital improvement plan
Summary
The Nye County Board of County Commissioners voted 5-0 July 24 to adopt a debt management policy statement and the county's five-year capital improvement plan for fiscal years 2025'26, after a staff presentation and public comments raising concerns about priorities and long-term liabilities.
The Nye County Board of County Commissioners voted 5-0 on July 24 to approve the county's debt management policy statement and the five-year capital improvement plan (CIP) for fiscal year 2025'26 pursuant to NRS 350.013.
County finance staff presented the CIP and related debt schedules, walking commissioners through Appendix B of the backup materials and the county's major capital funds before the board took public comment and a final vote.
The presentation noted that the county has no capital projects this year that require issuing new bonds, and that the county is trying to fund capital needs from reserves and grants where possible. Staff highlighted several funds and initiatives: the road fund (the largest capital fund), airport projects that rely on grant matches (with $1 million set aside for matching FAA grants), emergency/911-related funds, a county fire services PSST account with about $800,000 reserved for…
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