NORTH LAS VEGAS, Nev. -- North Las Vegas city leaders have 39 days to plug an $18 million hole and balance the city's budget for fiscal year 2015. If the city doesn't solve its financial problems, city officials say North Las Vegas could face a 'severe financial emergency'.
North Las Vegas faces two serious financial problems it must solve before April 15. The first is a potential $25 million lawsuit filed by the police, fire and other unions for back pay and benefits. The city is trying to settle the cases.
The second issue is the $18 million hole the city doesn't have the cash to fill.
Interim City Manager Jeff Buchanan said if the city cannot come to an agreement with its unions, a financial collapse is a real possibility.