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Nevada: Blue Wave and a Progressive Agenda

Abstract

Nevada has experienced steady economic improvement as it continues its recovery from theGreat Recession of 2008. The state budget is resting on a solid foundation in terms of satisfyingrevenue projections contained in the 2015‒2017 biennial budget. The state successfully facedand responded to a state economic environment that has been characterized for the past few yearsby recession, a budget crisis and political budget fights. The 2017‒2019 biennial budget was theresult of divided government. The Senate and the Assembly—with Democrat majority control,and Governor Sandoval—a Republican, resulted in Nevada adopting a 2017‒2019 biennialbudget that was the result of compromises. The 2017‒2019 legislatively approved appropriationsclosely resemble the 2015‒2017 biennial budget on a category basis. Economic recovery, economicgrowth, and incremental tax revenue growth constituted the basic approach taken to budgetingby the 2017 Nevada Legislature and Governor Sandoval.

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