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Pledged Revenues Now Include Sales Tax Proceeds

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November 16, 2023


The Master Bond Repayment Agreement between the Southern Nevada Water Authority (SNWA) and the Las Vegas Valley Water District was amended on November 16, 2023, to include sales tax proceeds among the pledged revenues. For the fiscal year ended June 30, 2023, the SNWA received $95.2 million in sales tax proceeds.