Property Tax (Reno City Council Meeting 9.10.25)

In this episode of On the Agenda, we dive into a big topic: Nevada’s unique property tax system.First, we cover highlights from the latest Council meeting, including acceptance of key public safety grants, updates on the Reno Police Department’s Mobile Outreach Safety Team, the annual economic outlook, and the Parks, Recreation and Open Space Master Plan. Council also approved a new ordinance on Accessory Dwelling Units and made a decision regarding the Stonegate Development.Then, Finance Director Vicki Van Buren and Urban Economist Jason Gortari return to explain how property taxes work in Nevada and why it’s unlike anywhere else! From depreciation on both residential and commercial properties, to tax caps and the lack of resets on resale, we unpack how these rules impact homeowners, renters, and the City’s ability to fund essential services like police, fire, and road maintenance.