State Places IVGID on Fiscal Watch Amid $740,411 Cash Discrepancy and Audit Failures
INCLINE VILLAGE, Nev. – The Incline Village General Improvement District (IVGID) has been placed on fiscal watch by Nevada’s Committee on Local Government Finance (CLGF) after receiving its fifth extension to submit audited financial statements for fiscal year 2024. The decision was announced at a public Zoom meeting on April 29, 2025, with a firm warning from CLGF Chair Marvin Leavitt that he would be “very unhappy” if IVGID does not provide audited financials by this revised deadline. Mr. Leavitt did not further explain what “very unhappy” meant. Public Records Reveal Deep Accounting Failures, $740K Unexplained Cash Shortage A public … Continue reading →