Clark County is looking to extend inflation-adjusted gas taxes through the next decade in an effort to stave off budget shortfalls needed to fund Southern Nevada roadways.
The fuel revenue index (FRI) program, which allows the county to index gas taxes to the rate of inflation, is set to expire at the end of 2026. Commissioners introduced an ordinance Tuesday seeking an extension of the program, according to Nevada Current .
The county is scheduled to hold a public hearing on the item Nov. 18.
The FRI has been a major source of additional funding for roadway projects in Southern Nevada since going into effect in 2014. The Regional Transportation Commission of Southern Nevada (RTC) currently receives 24.6 cents of the total 75.8 cents per gallon state fuel tax charged in Clark County.