Nevada: Blue Wave and a Progressive Agenda

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