Thursday, April 12, 2018|4:03 p.m.
. The Clark County hotel room tax generated $3.3 million in February for construction of the Raiders arena, nearly 14 percent less than the forecasted earnings, the Las Vegas Stadium Authority revealed today at its board conference.
It marked the fourth month from the last 5 that tax income for the stadium has come in below forecasts. January went beyond projections.
“Occasions of 1 October impacted profits a bit, and we’re seeing some continuing smoothing out of those forecasts in the coming months,” Jeremy Aguero, primary with Applied Analysis and lead team member for the authority, stated, referring to the Strip mass shooting.
The room tax is paying for a $750 million public contribution toward the $1.8 billion arena task.