CCSD Millage Rate Hearing 2 - 06/02/2026

This Clark County School District (CCSD) millage rate hearing held on June 2, 2026, focused primarily on the proposed property tax millage rate for fiscal year 2027. The board discussed maintaining the millage rate at 18.8 mills, consistent with the previous five years, despite a 4.25% increase in property reassessments. The CFO explained that lowering the millage rate to the rollback rate of 18.033 mills would reduce reserves by approximately $5 million. The presentation also covered the impact of Senate Bill 33, which caps assessed value increases on homesteaded properties, and the district's reliance on property taxes for about 55-60% of its revenue, totaling an estimated $154.6 million. Public comments highlighted concerns about property tax fairness, especially regarding tax assessments on student rental properties versus residential homes, and the financial strain rising property taxes place on retirees and residents without children in the district. The board did not take a formal vote on the millage rate at this meeting but indicated the final budget and millage rate approval would occur at the June 11 board meeting.