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Reserves Up Nearly 25 Percent In Washoe County

http://www.washoecounty.us/
 

http://www.washoecounty.us/

Washoe County reports its cash reserves have increased nearly 25 percent, which is about $10 million over last year.

After five years of falling revenue, property and sales taxes have stabilized.

County Comptroller Paul McArthur says, county employees will see some benefit.

“Stabilize your labor by giving them a little bit longer contract," says McArthur. "Help know that we are here trying to give their household the idea that their raise or what they make will also stabilize.”

McArthur says the extra money can be used for projects like modernizing the County Medical Examiner’s Office, which will cost of $12 million dollars.