Funding
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Reno The shimmering lights of downtown Reno shine as brightly as the stars in the clear, night sky. |
The tax rates as of July 1, 2003 are twelve percent (12%) in non-downtown Reno and thirteen and one half percent (13.5%) in downtown Reno, thirteen and one half percent(13.5%) in Sparks, and twelve percent (12%) in the unincorporated areas of Washoe County.
- The Authority collects these taxes and retains a total of 8 5/8%
- 1% is remitted to the City of Reno for the National Bowling Stadium
- 3/8% is remitted to the State of Nevada Department of Taxation
- 1% of the tax collected in Reno is returned to the City of Reno
- 1% of the tax collected in the unincorporated areas of Washoe County is returned to Washoe County
- 1.5% of the tax collected in downtown Reno is returned to the City for construction of a multi-use facility in downtown Reno
- 2.5% of the tax collected in Sparks is returned to the City of Sparks is returned to the City of Sparks for Victorian Square capital improvements
- The remaining one percent is allocated between:
- Lowering the railroad tracks in downtown Reno, which 56 properties pay towards, and
- The remaining tax collected going to the Truckee Meadows Tourism Facility and Revitalization Steering Committee (TMTFRSC) which is to be utilized to construct a multi-use facility in downtown Reno.
The Authority operates the Reno-Sparks Convention Center, Wildcreek Golf Course, Northgate Golf Club, the Reno-Sparks Livestock Events Center and the National Bowling Stadium. Two additional facilities are owned by the Authority but operated under management agreements with other organizations. They are the Pioneer Center for the Performing Arts which is operated under a management contract with the Reno Performing Arts Council Association, and the Visitor's Center at Incline Village, North Lake Tahoe, which is operated by the Incline Village/Crystal Bay Visitor and Convention Bureau.




