‘Very concerned’: Nevada lawmakers fear upcoming revenue forecast will force budget cuts

In the halls of the Nevada Legislature, all eyes are on Thursday’s Economic Forum meeting.

The panel of five private-sector economists will soon release updated revenue projections for the next two budget years, providing lawmakers with a final number on how large the soon-to-be-finalized state budget can be.

The forum’s May 1 meeting is a significant point in every legislative session. But it’s taking on new levels of importance because, according to seven longtime observers of the state budget who spoke with The Indy , there’s an unprecedented level of uncertainty about the economy’s future and signs of possible decreases in tourism to Las Vegas, ongoing budget shortfalls and lower-than-expected tax revenues…

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