County valuation up; net mineral proceeds plunge
Elko County's population has grown by 2.02% to 57,538 people for the 2024-2025 fiscal year, up 1,142 from 56,396 in the previous year.
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Elko County's population has grown by 2.02% to 57,538 people for the 2024-2025 fiscal year, up 1,142 from 56,396 in the previous year.
Elko Boys and Girls Club had planned to build the center on the Herrerra ball fields, but a legal encumbrance stood in the way.
Elko County Manager Amanda Osborne said the county can only issue bonds for $40 million if pursuing a 10-year bond with payments of roughly $5 million a year, including nearly
AB519, signed by Republican Gov. Joe Lombardo, states Elko County should levy a tax from between 1 cent and 25 cents for school projects, or the state will step in and levy 25 cents.
Elko County doesn’t have enough in the treasury to build such a complex, but Elko County commissioners agreed county staff should contact specialists and report back to commissioners on financing options, such as bonds.