RENO, Nev. (KOLO) – Applied Analysis is delivering a presentation to the Reno City Council about property taxes, how the property tax system works in Nevada, and how the revenue is distributed to the City.
Nevada’s property tax rule is unique from any other state in America.
“We have this depreciation factor that no other state in the United States has for residential properties. Which creates a little bit of a disconnect between the demand for services and the value that’s generated,” said Jeremy Aguero, the Principal Analyst for Applied Analysis…