The LVCVA spending controversy that AB 404 addresses, at least indirectly, concerns\u00a0how the authority uses its share of taxpayer money to woo large conventions and trade shows to\u00a0Las Vegas.<\/p>\n
Per financial disclosures, the agency’s 14-member board spent almost $700,000 on alcohol over the previous\u00a0three years, $85,000 on showgirls, and nearly $100,000 on tickets to shows.<\/p>\n
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Some contend the figures\u00a0highlighted by the Review-Journal’s<\/em> reporting seem plenty reasonable for people charged with showing the “best of Vegas” to decision makers capable of bringing hundreds of millions of economic activity to the state.<\/p>\n<\/div>\nLVCVA paid its CEO Rossi Ralenkotter $768,000 in salary, bonuses, and benefits in 2016. By comparison, Nevada Gov. Brian Sandoval received about\u00a0$185,000 for his annual compensation package. The Review-Journal<\/em>, meanwhile, is owned by casino billionaire and rightwing Republican donor Sheldon Adelson, who often is at odds with the more moderate Republican\u00a0Nevada governor.<\/p>\nA\u00a0new norm today in both\u00a0state and federal politics is for the creation of independent governmental bodies to monitor governmental operations. While some see this as critical to effective oversight, others see it as signs of an expansive bureaucracy run amok, creating a self-fulfilling prophesy that may eventually merit costly oversight of its own.<\/p>\n
In the end its all about deciding where taxpayer dollars go. But because LVCVA is not run by elected officials, voters have little input\u00a0about\u00a0who gets to make those decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Las Vegas Convention and Visitors Authority (LVCVA) receives hundreds of millions of tax dollars each year, but has little financial oversight from the state on how its board members use those funds. Five Democratic lawmakers and one Republican in Carson City want to change that, by creating a new financial regulatory\u00a0position that would supervise […]<\/p>\n","protected":false},"author":42,"featured_media":50987,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,10,13,61],"tags":[],"acf":[],"yoast_head":"\n
Nevada Bill Seeks to Curb LVCVA Spending by Hiring Inspector General<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n