Nevada Gov. Brian Sandoval proposed issuing general obligation bonds backed by liquor taxes to fund $58 million in capital projects because the state still has no capacity for its traditional property-tax backed GOs.
Nevada Governor Proposes Liquor Tax-Backed GOs
FEB 4, 2013 11:55am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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