Sean Whaley
Nevada News Bureau

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August 29, 2012
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State seeks new sources of funding for construction projects

A state panel was told today that for yet another two-year state budget, there will be virtually no money available from property tax revenues for capital construction projects.

The state Public Works Board heard the disappointing news today as it began a two-day review of projects being sought by state agencies ranging from the Department of Corrections to Tourism and Cultural Affairs.

Public Works Board Manager Gus Nunez said state agencies have submitted 201 projects worth $528 million for consideration for the upcoming budget. The state funding portion totals $460 million.

The capital construction program for the current budget totals …

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The Record Courier Updated Aug 29, 2012 10:24PM Published Aug 29, 2012 03:25PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.