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Nevada lawmakers project $190 million decline in revenue projections

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Nevada lawmakers project 0 million decline in revenue projections


LAS VEGAS, Nev. (FOX5) – Nevada lawmakers are raising the red flag on having $190 million less in revenue than previously projected.

The Nevada State Legislature held an Economic Forum meeting Thursday where the decline in revenue over two fiscal years was announced.

State fiscal analysts attribute the decline to decreasing tourism and spending, higher than expected inflation, and slowing growth in both wages and the real estate market.

Many democratic lawmakers are pointing the finger at Trump’s tariff policies.

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One lawmaker tells FOX5 that the forum has become a “reality check” on every lawmaker’s wish list and a reminder that every bill costs money.

“The combination of the Trump tariffs and the DOGE cuts to vital programs like Medicaid are putting Nevadans at risk,” Congresswoman Titus said. “We are being asked to fill the gaps left by federal cuts to services while the Trump tariffs are damaging our economy and shrinking state revenues.”

Lawmakers say the key findings of the new numbers account for decreasing tourism and spending, higher than expected inflation, and slowing growth in both wages and the real estate market.

The impact of tariffs is still up in the air.

Governor Lombardo’s office has released a statement on the matter which says in part,

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Nevada National Guard opening state’s first Army firing range

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Nevada National Guard opening state’s first Army firing range


HAWTHORNE, Nev. (KOLO) – The Nevada National Guard says it will be opening the first Army qualified firing range in the state of Nevada.

The Guard will be opening the range on Friday in Hawthorne.

The new range will allow soldiers to meet military marksmanship standards without having to leave the state.

The Guard has sent more than 1,000 soldiers out of state to meet marksmanship standards since 2019, incurring substantial costs for travel, meals and lodging.

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The $20 million depot will include 16 lanes for rifle training, 15 for pistol training four lanes for machine guns and seven buildings.



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New affordable housing community opens in Sun Valley

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New affordable housing community opens in Sun Valley


SUN VALLEY, Nev. (KOLO) – Ulysses Development Group and state and local leaders celebrated the grand opening Tuesday of The Ridge at Sun Valley, a 195-unit affordable housing community and the first project in Nevada to close financing using funds from the Home Means Nevada Initiative.

The community serves individuals and families earning 50-60% of area median income. Nevada State Treasurer Zach Conine said rent for the units stays below 30 percent of a renter’s income.

“These are apartments that people can pay for and they can still have money left over for groceries and medicine and all the other things they need in their life,” Conine said.

Historic funding milestone

The project marks a milestone as Nevada’s first to use Home Means Nevada Initiative funding. During the pandemic, Nevada allocated $500 million from COVID funds to create the initiative, the most allocated by any state in the union for affordable housing, Conine said.

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“That initiative put $500,000,000 into affordable housing,” Conine said.

Washoe County Board of County Commissioners District 3 member Mariluz Garcia said 49 percent of people in Reno are cost burdened by housing costs.

Community amenities and design

The units include washers and dryers, according to apartment manager Hailee Penberthy. Community amenities include a toddler playground, gazebo and grill, picnic tables, pet stations, a heated pool and a 24/7 gym, Penberthy said.

The development was designed with green elements including a solar energy system and Energy Star building standards.

Penberthy said the units are over 50 percent occupied.

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Nevada Infrastructure Coordinator Chris Reilly, Nevada Housing Division Administrator Steve Aichroth and Ridge at Sun Valley resident Jaidyn Avalos also spoke at the event.

She says she enjoys the mountain views and the people she now calls her neighbors.

The Ridge at Sun Valley is located at 5100 W 1st Ave in Sun Valley.



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Nevada rewrites lung disease rules for cops, firefighters – insurers face penalties

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Nevada rewrites lung disease rules for cops, firefighters – insurers face penalties


On December 1, 2025, during Nevada’s 36th Special Session, the Legislature enacted Senate Bill No. 7, sponsored by Senator Nicole Cannizzaro. The act amends NRS 617.455, which governs when diseases of the lungs are treated as occupational diseases resulting in compensation for temporary or permanent disability or death for certain firefighters, arson investigators, police officers and volunteer firefighters. The act becomes effective upon passage and approval. 



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