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Clark County takes from reserves to make Allegiant Stadium payment

Posted at 11:33 PM, Nov 25, 2020
and last updated 2020-11-26 02:49:34-05

LAS VEGAS (KTNV) — Clark County leaders are dipping into a rainy day fund to help make its monthly bond payment for Allegiant Stadium.

Money for the bonds is supposed to come from room tax collections, but the pandemic has led to a shortfall.

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A county spokesperson says the move was expected.

More than $11.5 million was taken from the fund to make the payment that was more than $16 million.