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Debt commission sets ad valorem levy limit at 98% under NRS provision
Summary
The commission voted 4-0 to set the ad valorem tax levy limit at 98% (with a floor of 75%) and to prioritize essential services including public safety, education and health, citing past practice and NRS language.
At Item 6 the Nye County Debt Management Commission voted unanimously to specify a limit on the total ad valorem tax levy.
Robin moved "to stay with past practice, which is to specify the limit at 98% and not less than 75% and to go with standard procedures on past priority for essential facilities such as public safety, education and health, and all others as nonessential facilities and services." Chelsea Fisher seconded the motion. The motion passed 4-0.
The action was taken under a statutory framework the commission referenced during discussion (NRS 350.0155 was cited during the item), and commissioners said essential services such as public safety, education and health should remain priorities when applying the levy limit.
Outcome: the commission adopted a 98% levy‑limit specification with a 75% floor; members said they would apply the standard facility priorities in future debt management considerations.
