PUBLIC NOTICE
THIS IS AN INFORMATIONAL NOTICE ONLY
NOT A BILL FOR TAXES OWED
Notice is hereby given that on the following date, a public hearing will be held to adopt a budget
and tax rate for Carson City for the fiscal year beginning July 1, 2023.
The purpose of this public hearing is to receive opinions from members of the public on the
tentative budget and tax rates before final action is taken. Copies of the tentative budget will be
available for public inspection at the Carson City Finance Department, 201 N. Carson Street,
Suite 3, Carson City, Nevada.
PUBLIC HEARING FOR TENTATIVE BUDGET:
DATE: May 18, 2023 PLACE: C.C. Community Center
TIME: 8:30 A.M. Robert “Bob” Crowell Board Room
851 East William St
Carson City, NV 89701
TAX RATES
The following is a list of the proposed tax rates for the 2023-2024 fiscal year beginning July
1, 2023. Unless there is a change between the Tentative and the Final Budgets, for which
additional notice will be given, these tax rates will be used to calculate your tax liability; however,
your tax bill will reflect all applicable abatements.
Tax Rate per $100 Assessed Valuation
Actual Proposed
FY 2022-2023 FY 2023-2024
Carson City Operating 1.9053 1.9038
Regional Juvenile Facility 0.0569 0.0584
Cooperative Extension 0.0128 0.0128
Carson City Senior Citizens 0.0500 0.0500
Accident Indigent Fund 0.0150 0.0150
Medical Indigent 0.1000 0.1000
Capital Projects (Equip.) 0.0500 0.0500
School Operating 0.7500 0.7500
School Debt 0.4300 0.4300
State of Nevada 0.1700 0.1700
Carson Water Sub-Conservancy 0.0300 0.0300
TOTAL 3.5700 3.5700
LIMITATIONS ON REVENUES OF LOCAL GOVERNMENTS
The amount of revenue that a political subdivision is allowed to generate by taxes ad valorem
except for debt service is limited by Nevada Revised Statute (NRS) 354.59811. In general, a
local government cannot receive an increase in property tax revenue of more than 6% over the
maximum revenue allowed for the prior year (excluding new construction). Local government
revenues are also limited by the partial tax abatements established by the Nevada Legislature in
2005 which cap the increases in total property taxes paid annually. NRS 361.4722 provides that
tax liability in excess of 8% over the prior year will be abated for non-residential property. NRS
361.4723 and NRS 361.4724 provide that tax liability in excess of 3% over the prior year will be
abated for single-family residences and for qualifying residential rental property.
ASSESSMENT OF PROPERTY
NRS 361.225 mandates that all property subject to taxation must be assessed at 35% of its
taxable value. The taxable value of the property is determined pursuant to NRS 361.227.
Vacant land is appraised at full cash value by considering its location and the uses to which it
may lawfully be put. The taxable value of improved land is determined by considering the use
to which the improvements are being put. The improvements are valued at present replacement
cost less all applicable depreciation. Statutory depreciation is calculated at 1.5% of the current
replacement cost for each year to a maximum of 50 years. Personal property is appraised
based on cost, the year acquired, and its estimated useful life as determined by schedules
established by the Nevada Tax Commission.
DETERMINATION OF COMBINED TAX RATES
The combined tax rate for taxes ad valorem is calculated as follows:
a. Operating rate (limited by NRS 354.59811) for each taxing entity.
b. Debt rate for each taxing entity, which is a rate sufficient to generate the
revenue to pay principal and interest on the outstanding tax-supported debt.
c. Combined school rate which includes a legislatively approved operating rate for all
schools in the state and the debt rate for each individual school district.
d. State rate which is a legislatively approved rate that is used to support state bonds
and special major statewide projects such as dams or state parks.
Due to the change enacted by AB 46 (effective May 24, 2011), charges for certain groundwater
basins are no longer included as a part of this combined tax rate and will be shown as a
separate line item on your tax bill.
Further information regarding the assessed value of property or tax rates may be obtained from
the Carson City Assessor, Kimberly Adams, 201 North Carson St., Suite 6, Carson City, Nevada
(775) 887-2130 or the Carson City Treasurer and Ex-Officio Tax Receiver Andrew Rasor, 201
North Carson St., Suite 5, Carson City, Nevada (775) 887-2092 or at www.carson.org.
Pub: April 29, 2023 Ad # 33277