Mining Through Uncertainty

Nevada General Fund Revenue Actual vs Forecasted - In Millions $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 FY '01 སྤྲསྟྲ FY FY '02 '03 '04 '05 HO FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY '06 '07 '08 '09 '10 '11 '11 '12 '13 '14 '15 '16 '17 '18 NEVADA Mining Association ■Actual Forecasted MINING THROUGH UNCERTAINTY Source: Nevada Governor's Finance Office; Nevada Economic Forum 108 APPLIED ANALYSIS

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