weather icon Clear

Rucker shaves thousands off Nye County’s projected budget deficit

With the COVID-19 crisis causing a steep dip in the economy, Nye County is striving to project exactly what impact the pandemic will have on its financial situation in the coming months and into the next fiscal year.

Initial reports from Nye County Comptroller Savannah Rucker showed a possible $1.9 million shortfall in revenue versus expenditures for the current fiscal year, which ends June 30 but actions being immediately taken have already managed to shave several thousand dollars off of that projected deficit, which now sits at $1.2 million.

Primed with a presentation outlining the 2019-2020 budget as approved versus a scenario based on the COVID-19 outbreak, Rucker gave the Nye County Commission another update at its April 14 meeting.

She started off by noting that several areas of the budget are not anticipated to see any changes. One big factor in the budget is property taxes and the revenue from this source is forecast to be strong when closing out the current fiscal year.

“Property taxes are still in excess of what we’ve budgeted and the reason for that is, we see so few property tax payments in the end of the fiscal year,” Rucker explained. “Which is a good thing for the county.”

Rucker said the county is also not anticipating any changes in net proceeds, remarking, “Gold is going crazy because people are investing in gold more heavily than other commodities and the stock market, because of the fluctuation. So we are hopeful that the net proceeds revenue will come in as anticipated, potentially even a little higher.”

Payment in Lieu of Taxes, or PILT, revenue is not expected to see a shortfall either. As a matter of fact, the county received $83,000 more in PILT than anticipated as a result of a class action lawsuit against the federal government that proved PILT calculations had been done incorrectly.

Other aspects of the county’s budget, however, will see some fairly sizable impacts due to COVID-19.

Income from licenses and permits, for example, is expected to come in at just 50 percent of the remaining revenue as budgeted, creating a $353,000 deficit for that revenue source. Charges for services, fines and other revenue are all expected to see just half of the remaining revenue as budgeted as well, for an additional $806,000 shortfall.

“Consolidated tax, this is where we see the largest hit,” Rucker informed. “We’re modifying consolidated tax sections month by month and this is with the expectation that the quarantine will be lifted on May 1. But based on recent news, I don’t know that that is going to be the case, so that number may grow even larger if the quarantine is extended through the end of May.”

With the new projects, Rucker said the county was looking at a shortfall of $1.3 million in the amount of revenue that had originally been expected in fiscal year 2019-2020.

Moving on to the expenditures side of the budget, Rucker explained that she had gone through the various expenses to see where costs could be reduced to help offset the lack of revenue. She had identified a 10 percent savings on services and supplies and a hiring-freeze savings of 2 percent for general government, judicial and public works functions, in conjunction with the use of $800,000 in contingency funds.

Calculated with those savings, the total deficit in revenue versus expenditures is roughly $1.2 million. Once again, Rucker stressed that all of those figures were projected based on the idea that Nevada’s quarantine orders will be lifted on May 1.

“Again, completely preliminary but we are watching this very closely,” Rucker stated.

She also touched on a call she and other county finance officials across the state had with the Nevada Association of Counties, discussion that included information from an analysis of the Nevada economy by sector that delved into how consolidated tax might be effected for fiscal year 2020-2021.

“In looking and reviewing those analyses, it’s actually more favorable than our approach for fiscal year 2020-2021. Which gives me confidence that budgeting conservatively and cutting where we can is going to put us in a good spot fiscally… I thought that was good news, it gives me some confidence that we are on the right track,” Rucker stated.

Contact reporter Robin Hebrock at rhebrock@pvtimes.com

Don't miss the big stories. Like us on Facebook.
Missing Texas woman found safe in Death Valley

DEATH VALLEY, Calif. – Park rangers were dispatched to Badwater Basin in Death Valley National Park around 2:30 a.m. on March 24 to look for a woman reported missing by her companions. The woman returned around 8:20 a.m. after hiking to a road and hitchhiking.

TOWN HALL: Assemblyman Hafen talks voter ID bill, solar energy, parking perks for veterans

Nevada Assemblyman Greg Hafen II (R-Pahrump) hosted his first Live Town Hall of the 2023 Legislative Session last month, discussing a wide variety of topics with his constituents, including solar farms, his proposed voter ID requirement, a veterans’ bill he is sponsoring and more.

Dishwasher saves choking diner at Pahrump Senior Center

Adrienne Fors says she was eating pork and rice when she literally bit off more than she could chew. “When I tried to swallow, it went down my throat and then then it got caught with the curve of my throat. Thank goodness Troy was there to do the Heimlich on me.”

Ruling: Former Nye County commissioner benefited from his vote to increase pandemic-relief funds

The Nevada State Ethics Commissions found earlier this week that former Nye County Commissioner Leo Blundo had failed to disclose his financial interests ahead of a vote to increase pandemic-relief funds to local small business owners. He benefited about $35,000 from the deal, according to the finding of a state ethics panel.

Celebrate life at this popular butterfly release

The event is sponsored by Nathan Adelson Hospice and comforts those who are grieving the loss of a loved ones.

KNOW BEFORE YOU GO: Basin and Blagg intersection closure starts Monday

The construction currently underway on Basin Avenue has been focused on the intersection at Blagg Road for the last few weeks and Nye County Public Works will soon have that intersection back to full use but first, the department will need to close it to regular traffic, a fact which area motorists will want to take note.

SNEAK PEEK: Go inside ‘The Bagel Lady’s’ new Pahrump shop – PHOTOS

Shelly Fisher AKA “The Bagel Lady” is opening Shelly’s NY Bagels on March 25. Fisher has customized the corner suite at 1190 E. Highway 372 and will serve breakfast and lunch there. She tells the Pahrump Valley Times how the local community has helped grow her operation and gave our Faye Burdzinski and John Clausen an inside look at her new operation.

Pahrump fugitive arrested after months on the run

Anthony Bell evaded a SWAT-team standoff earlier this month. Footage shows the suspect brandished a rifle outside Pahrump casino following a fight in December.