The Grand Sierra Resort has recently released a statement in response to a $97 million tax request from the City of Reno. The request comes in the form of an increased assessment of the resort’s real property value, which would result in higher property taxes.
In their statement, the Grand Sierra Resort expressed their disappointment and frustration with the City of Reno’s decision to pursue such a substantial tax increase. They argued that the proposed assessment does not accurately reflect the true value of the property and is based on outdated and erroneous information.
The Resort also highlighted their significant contributions to the local economy, including providing hundreds of jobs and generating millions of dollars in revenue for the City of Reno. They emphasized their commitment to being a good corporate citizen and contributing to the community in a positive way.
The Resort’s statement comes after months of negotiations with the City of Reno over the proposed tax increase. The Resort has made several counteroffers and suggested alternative solutions, but the City has so far been unwilling to address their concerns.
Many residents and local business owners have voiced their support for the Grand Sierra Resort, expressing concern that the proposed tax increase could have negative consequences for the local economy. They have called on the City of Reno to reconsider their decision and work towards a fair and equitable resolution for all parties involved.
The Grand Sierra Resort’s statement serves as a public plea for transparency and fairness in the tax assessment process, and as a reminder of the Resort’s importance to the community. The City of Reno has yet to respond to the Resort’s statement, but the issue is likely to continue to generate significant debate and discussion in the coming weeks.
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