Las Vegas Sun

September 5, 2008

Foreclosures hurting property tax revenue

(via NPR.org) · July 18, 2008 · 3:37 PM

The Valley's high foreclosure rate is affecting Clark County's tax revenue, according to a story today on National Public Radio.

"After years of tremendous growth, parts of Nevada now have some of the highest foreclosure rates in the country. The loss of property tax revenue is hitting Clark County, in southern Nevada, especially hard. Alex Chadwick speaks with County Commission Chairman Rory Reid about the effects of the region's dwindling tax base."

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