As we’ve elsewhere explained, according to NRS 318.225 general ad valorem real property taxes are the only ones GIDs are expressly authorized by statute to levy and collect. In fact, they’re the only basis for property taxation. NRS 318.225: instructs that GID “Boards shall … Continue reading →
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 →
In a word NO! As we’ve elsewhere stated, GIDs have the express power to levy and collect ad valorem taxes. But it’s important to understand that NRS 318.225 instructs those taxes must be levied “against all (and not just some … Continue reading →