Washoe County 1: Truckee River Flood Management Authority Funding

Question WC-1: Truckee River Flood Management Authority Funding Question is a Washoe County ballot question that proposes to impose an additional property tax rate in the amount of $0.0248 per $100 of assessed value for the purpose of funding a Truckee River flood prevention project and to allow the Truckee River Flood Management Authority to issue up to $89 million of general obligation bonds to finance this project. A “YES” vote would authorize Washoe County to increase property taxes by $0.0248 per $100 of assessed valuation for the purpose of financing a flood control project on the Truckee River. A “NO” vote would keep the current property tax structure in place.