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Finance director: City budget tighter but balanced for now; options include cuts, new fees and vacancy savings
Summary
Finance Director Vicky Van Buren told the Neighborhood Advisory Board that Reno’s $1 billion operating budget includes a $350 million general fund and a multi‑year shortfall that was bridged with one‑time funds and cuts; she said the city must either reduce expenses, raise revenues or use both to maintain a balanced budget.
Finance Director Vicky Van Buren gave Neighborhood Advisory Board members a high‑level look at the city’s finances, saying Reno operates roughly a $1 billion budget with a $350 million general fund and about 1,500 full‑time positions citywide.
"The general fund is $350,000,000," Van Buren said, and she outlined the fund structure used to track revenues and expenditures across numerous restricted and dedicated accounts. She said the city’s largest revenue sources are consolidated taxes (mostly sales tax), property taxes, franchise fees and business licenses, which together make up roughly 80% of general‑fund revenues.
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