RENO, Nev. (June 17, 2021) – The Reno-Sparks Convention and Visitors Authority (RSCVA) today reported a 41.7% savings to budget, on its capital expenditures for fiscal year 2020-21.
“Strategic investments are critical to the direction and future growth of the regional tourism economy,” said RSCVA President and CEO Charles Harris. “Reno Tahoe event facilities provide value, accommodating conventions, equine and livestock events, and sports competitions. It’s the RSCVA’s responsibility to ensure these facilities are maintained, but it’s equally important to be good stewards of the public capital funding these improvements.”
Capital Expenditures at the Reno-Sparks Convention Center (RSCC) and the Reno-Sparks Livestock Events Center (RSLEC) were reduced in Fiscal Year 2020-2021, due to impacts from the COVID-19 pandemic. Fifteen projects at the RSCC and RSLEC were completed at a total value of $340,396, which represented a savings of $243,544 compared to the $583,940 budgeted for those projects.
At the RSLEC, ADA-compliant ramps were among structures and equipment replaced or repaired, and a water truck, imperative for equine events, was replaced. A sand material used specifically for equine events, such as the Pacific Coast Cutting Horse Association and the Reno Rodeo, footing was also replaced in time for the 2021 Reno Rodeo. ADA-compliant ramps were repaired using a new product for cost saving measures, eliminating the need for demolition and rebuilding. New, energy-efficient LED lighting fixtures were installed inside the RSCC and RSLEC, as well as the RSCC parking lot. Exterior improvements were also completed at both facilities, including striping of the RSCC parking lot and erosion mitigation at the RSLEC.
The RSCVA’s capital expenditures budget for fiscal year 2021-2022 is $2.5 million. The RSCVA fiscal year runs from July 1 – June 30.