Yes there are. In Nevada the maximum tax rate “for all public purposes must not exceed $3.64 on each $100 of assessed valuation.” And increases in ad valorem taxes are limited by NRS 361.4723(1) inasmuch as the Legislature has “Declare(d) … Continue reading →
Since we’ve elsewhere established that general improvement districts (“GIDs”) have the power to levy and collect their own ad valorem taxes, here we examine whether IVGID, in particular, levies and collects an ad valorem tax? And if so, the amount. … Continue reading →
As we’ve elsewhere stated, GIDs have the express power to levy and collect ad valorem taxes. But do they have the power to pick and choose which parcels get taxed? Especially given the fact NRS 318.225 instructs that those taxes … Continue reading →
As we have discussed elsewhere, the only basic powers a general improvement district (“GID”) may legitimately exercise (including the power to fix fees and assess taxes) are those expressly granted in its initiating and supplemental ordinance(s) “as supplemented by the … Continue reading →
In our opinion the Incline Village General Improvement District (“IVGID”) we know today is plagued by at least two fundamental tenets which have shackled our community from its very beginning. The first is a small number of “special interests” in … Continue reading →