North Las Vegas budget includes room for at least 57 new employees

Once on the brink of bankruptcy, North Las Vegas erased a long-term deficit and is on pace to hire 57 full-time employees over the next year, the city’s finance director, Darren Adair, said Wednesday night.

North Las Vegas faced a state takeover amid a recession-driven financial collapse about six years ago, when the long term deficit skyrocketed to $152 million. Since then, the City Council gradually slashed its way to solvency by eliminating services and about 1,000 jobs across the board.

Once in junk status during the recession, the city’s bonds are now rated BB+ with a stable outlook, according to an updated analysis released in March by S&P Global Ratings.

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  • Written by Bradley Mayer in News