POSITIVE IMPACTS FOR BOULDER CITY
POSITIVE IMPACTS FOR BOULDER CITY
Over 7% of the City’s budget will be provided by the TS2 project.
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The project will bring direct economic activity to Boulder City from the date ground is broken. The project will bring hundreds of construction jobs and dozens of long‑term technical positions with average salaries around $100,000 a year, including benefits.
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Over the next 20 years, TS2 is projected to generate more than $1.3 billion in tax revenue for Boulder City, Clark County and the State of Nevada, of which over $82.6 million will go to Boulder City.
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Because the City is considering rate increases to deal with aging infrastructure, TS2 has proposed creating a Boulder City Utility Fund to help offset household energy costs.
Over the proposed 90-year lease, the total revenue to Boulder City is projected to exceed the revenue from the current solar project by roughly $330 million.
POSITIVE IMPACTS FOR BOULDER CITY
According to the economic analysis conducted by Applied Analysis, over 12% of the City’s budget will be provided by the TS2 project.
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The project will bring direct economic activity to Boulder City from the date ground is broken. The project will bring hundreds of construction jobs and dozens of long‑term technical positions with average salaries around $100,000 a year, including benefits.
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Over the next 20 years, TS2 is projected to generate more than $1.3 billion in tax revenue for Boulder City, Clark County and the State of Nevada, of which over $82.6 million will go to Boulder City.
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Because the City is considering rate increases to deal with aging infrastructure, TS2 has proposed creating a Boulder City Utility Fund to help offset household energy costs.
Over the proposed 90-year lease, the total revenue to Boulder City is projected to exceed the revenue from the current solar project by roughly $555 million.
The project supports long‑term financial stability for Boulder City and aligns with the City’s 2025 - 2030 Strategic Plan by adding new revenue sources with minimal impact on residents and will create opportunities to fund needed infrastructure improvements. Nearly $8 million in upgrades to potable water systems and sewer lines are included in TS2’s capital budget, including contributing funding towards cleaning and treating the wastewater to a condition that allows it to be returned to Lake Mead. These improvements remain in place for the community long after construction ends.
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The additional revenue from the TS2 project helps secure Boulder City’s fiscal future for decades and provides resources the City can use to maintain services, invest in infrastructure and plan for long‑term needs.
The project supports long‑term financial stability for Boulder City and aligns with the City’s 2025 - 2030 Strategic Plan by adding new revenue sources with minimal impact on residents and will create opportunities to fund needed infrastructure improvements.
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Nearly $8 million in upgrades to potable water systems and sewer lines are included in TS2’s capital budget, including contributing funding towards cleaning and treating the wastewater to a condition that allows it to be returned to Lake Mead. These improvements remain in place for the community long after construction ends.
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The additional revenue from the TS2 project helps secure Boulder City’s fiscal future for decades and provides resources the City can use to maintain services, reduce power costs for residents, invest in infrastructure and plan for long‑term needs.