Nevada gets $26.2M in federal property tax compensation | SierraSun.com
YOUR AD HERE »

Nevada gets $26.2M in federal property tax compensation

Geoff Dornan
gdornan@nevadaappeal.com

Sen. Dean Heller, R-Nev., said Nevada will receive $26.2 million from the Payments In Lieu of Taxes program this year.

PILT is a federal program designed to compensate states for property tax revenue they’re unable to collect because they have a high percentage of non-taxable federal land within their borders. In Nevada, 85 percent of the land is federally owned and, therefore, non-taxable.

Heller said the PILT money helps local governments in Nevada’s 17 counties provide essential services, including public safety and education.

He said this year’s total PILT funding is a record $464.6 million.

Heller applauded Interior Secretary Ryan Zinke for his support for the program.

Zinke, who visited Nevada this past week, said growing up in Montana, “I know how important PILT payments are to local communities that have federal lands.”

“PILT investment often serves as critical support for local communities as they juggle planning and paying for basic services such as public safety, fire fighting, social services and transportation,” he said.

While Alaska has the most federal land — 223.8 million acres — Nevada has the highest percentage of federal land at 84.9 percent or 58.2 million acres. Esmeralda and Lincoln counties have the highest percentages of federal property. Both are more than 98 percent federally controlled. But Lander, Nye, and White Pine counties are all more than 90 percent federal.


Support Local Journalism

 

Support Local Journalism

Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User