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Clark County reports first recorded general‑fund operating loss of $1.3 million in 2025; 2026 projection $16.5 million
Summary
Auditors told the council the general fund posted a roughly $1.3 million operating loss in 2025 — the first in the recent record — and projected a $16.5 million operating shortfall in 2026, driven in part by slow sales‑tax growth and inflation outpacing revenue.
Clark County's auditors reported on Feb. 25 that the general fund posted an operating loss of about $1.3 million in 2025 and that the county's preliminary projection for 2026 shows an operating loss of roughly $16.5 million, prompting councilors to discuss budget planning and fund‑balance strategies.
Mitchell Kelly, reporting-and-analysis manager in the auditor's financial services team, said property-tax revenue rose roughly 2 percent and sales-and-use tax grew 1.37 percent, but overall revenue growth for the general fund was about 1.25 percent — below the 2024–25 inflation rate of 2.7 percent (Bureau of Labor Statistics). "Our revenue growth was 1.25%" Kelly said, "and the inflation rate was 2.7% according to the Bureau of Labor Statistics," a gap that helps explain the operating…
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