Local NewsCoronavirus

Actions

Experts: 'Pandemic's toll will outlast the virus itself'

Posted at 11:28 AM, Dec 04, 2020
and last updated 2020-12-04 17:33:08-05

A panel of economic experts in Nevada have released projections that suggest the pandemic's toll on Las Vegas, and the rest of the state, will outlast the virus.

Projections also suggest the toll will cut into the tax revenue the state uses to fund services, including health care and education until 2023.

Nevada's five member economic forum sent forecasts to the governor and legislators that the state will collect less tax revenue in 2022 and 2023 than this year and the next.