Mining Through Uncertainty

Nevada General Fund Revenue Trends In Billions $1.7 $1.8 $1.8 $2.4 $4.2 $4.0 $3.7 $3.3 $3.1 $3.1 $3.2 $3.1 $3.0 $3.1 $3.1 $3.1 $2.7 $2.7 FY FY FY FY FY FY '01 '02 '03 '04 '05 '06 '07 FY FY FY '08 '09 ■Sales Tax ■Gaming Taxes FY FY '10 '11 '12 ■Mod. Business Tax FY FY FY FY FY FY FY '13 '14 '15 '16 '17 '18 ■ Other NEVADA Mining Association MINING THROUGH UNCERTAINTY Source: Nevada Economic Forum 103 APPLIED ANALYSIS

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