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Heller reports modest income, millions in assets on 2017 finance report

Riley Snyder
Riley Snyder
Election 2018IndyBlog
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Compared to some of his contemporaries in the U.S. Senate, Republican Sen. Dean Heller brought in a relatively modest salary over the course of 2017.

According to a U.S. Senate financial disclosure filed on Tuesday, Heller and his wife, Lynne, reported an income somewhere between $163,000 and $358,000 over the previous calendar year, primarily from municipal bonds proceeds held by his wife.

The Nevada Independent calculated the totals using financial disclosure statements for members of Congress, which are not reported as exact figures but as a range. The totaled income figures supplement Heller’s $174,000 annual salary as a U.S. Senator.

In total, the Heller family’s reported assets are worth between $3.9 million and $11.3 million. In addition to the municipal bond income, the Hellers reported rent income from two homes in Palos Verdes Estates, California, and the Heller Hay Farm in rural Smith Valley.

The senator reported just over $80,000 in income from the hay farm through sales and rent received, but whose campaign has previously said never turned a profit while farming the 120-acre property.

Heller’s wife, Lynne, also reported purchasing six municipal bond accounts from local governments in California in 2017, worth between $265,000 and $550,000. The couple reported having two mortgages for properties in Washoe Valley, worth between $750,000 and $1.5 million.

The Hellers did not report receiving any gifts, buying or selling assets worth more than $1,000 or taking any reportable trips in 2017.

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