PROPERTY TAXES IN NEVADA

$4.50 $4.25 $4.00 $3.75 $3.50 $3.25 $3.00 $2.75 $2.50 $2.25 $2.00 $1.75 $1.50 $1.25 $1.00 Value of a Dollar Before Adjustment for Depreciation (1976-$1.00) INFLATION BEFORE AND AFTER ADJUSTMENT FOR DEPRECIATION Value of a Dollar in 1976 Adjusted Each Year for the Rate of Inflation as Measured by the Consumer Price Index Before and After Adjustment for Depreciation Each Year of 1.5% Times the Number of Years from 1976 After accounting for inflation over 20 years, it would require $2.76 in 1996 to have the same purchasing power as the $1.00 in 1976. But due to the impact of the depreciation, the $2.76 is worth only $1.93 in 1996. After accounting for inflation over 40 years, it would require $4.22 in 2016 to have the same purchasing power as the $1.00 in 1976. But due to the impact of the depreciation, the $4.22 is worth only $1.69 in 2016. 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Value of a Dollar After Adjustment for Depreciation (1976-$1.00) 2008 2009 2010 2011 2012 2013 2014 2015 2016

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