US Lawyer Database

NRS 354.6113 – Fund for construction of capital projects.

1. The governing body of a local government may, by resolution, establish a fund for the construction of capital projects. 2. Any interest or income earned on money in the fund in excess of any amount which is reserved for rebate payments to the Federal Government pursuant to 26 U.S.C. § 148, as amended, or […]

NRS 354.612 – Establishment of one or more funds by resolution required; contents of resolution; accounting requirements; copy of resolution to be provided to Department of Taxation; proprietary funds; enterprise funds.

1. A local government shall establish by resolution one or more funds. The resolution establishing the fund must set forth in detail: (a) The object or purpose of the fund; (b) The resources to be used to establish the fund; (c) The source or sources from which the fund will be replenished; (d) The method […]

NRS 354.604 – Funds maintained by local governments.

Each local government shall maintain, according to its own needs: 1. The following kinds of governmental funds: (a) General fund; (b) Special revenue fund; (c) Capital projects fund; (d) Debt service fund; and (e) Permanent fund. 2. The following kinds of proprietary funds: (a) Enterprise fund; and (b) Internal service fund. 3. The following kinds […]

NRS 354.609 – Petty cash, imprest or revolving account.

1. The governing body of any local government may, by resolution, establish one or more petty cash accounts, imprest accounts or revolving accounts in a bank or credit union to assist in the administration of any activities in which the local government is authorized by law to engage. 2. A resolution establishing any petty cash […]