TONOPAH, Nev. - Nye County and the Northern Nye County Hospital District were both released from fiscal watch Wednesday by the Nevada Director of Taxation following a recommendation from the Committee on Local Government Finance.
“It is gratifying to see the county rebound financially,” said Savannah Rucker, Nye County comptroller. “The release is not just due to the growth in the finances of the county but also largely due to the county commissioners making good financial decisions and making sure our long-term financial goals are met.”
Rucker said the county is projecting a strong ending fund balance for the fiscal year 2018, which ends June 30.
“This strong ending fund balance will allow for small and sustainable expenditure budget growth in 2019 to meet individual department needs while maintain a healthy fund balance,” she said.
In a letter dated April 25 recommending Nye County’s release from the fiscal watch, CLGF Chairman Marvin Leavitt stated the county had a willingness to work with the state that "resulted in sound local government.”
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