1. To calculate the amount to be distributed pursuant to the provisions of NRS 360.680 and 360.690 from a county’s subaccount in the Local Government Tax Distribution Account to a local government, special district or enterprise district after it assumes the functions of another local government, special district or enterprise district:
(a) Except as otherwise provided in this section, the Executive Director of the Department of Taxation shall:
(1) Add the amounts calculated pursuant to subsection 1 or 2 of NRS 360.680 for each local government, special district or enterprise district and allocate the combined amount to the local government, special district or enterprise district that assumes the functions; and
(2) If applicable, add the average change in population and average change in the assessed valuation of taxable property that would otherwise be allowed to the local government or special district whose functions are assumed, including the assessed valuation attributable to a redevelopment agency but excluding the portion attributable to the net proceeds of minerals, pursuant to subsection 4 or 5 of NRS 360.690, as appropriate, to the average change in population and average change in assessed valuation for the local government, special district or enterprise district that assumes the functions.
(b) If two or more local governments, special districts or enterprise districts assume the functions of another local government, special district or enterprise district, the additional revenue must be divided among the local governments, special districts or enterprise districts that assume the functions on the basis of the proportionate costs of the functions assumed.
The Nevada Tax Commission shall not allow any increase in the allowed revenue from the taxes contained in the county’s subaccount in the Local Government Tax Distribution Account if the increase would result in a decrease in revenue of any local government, special district or enterprise district in the county that does not assume those functions. If more than one local government, special district or enterprise district assumes the functions, the Nevada Tax Commission shall determine the appropriate amounts calculated pursuant to subparagraphs (1) and (2) of paragraph (a).
2. If a city disincorporates, the board of county commissioners of the county in which the city is located must determine the amount the unincorporated town created by the disincorporation will receive pursuant to the provisions of NRS 360.600 to 360.740, inclusive.
3. As used in this section:
(a) "Enterprise district" has the meaning ascribed to it in NRS 360.620.
(b) "Local government" has the meaning ascribed to it in NRS 360.640.
(c) "Special district" has the meaning ascribed to it in NRS 360.650.
(Added to NRS by 1997, 3293; A 1999, 7, 1095, 1099; 2001, 70; 2003, 1637; 2005, 14; 2013, 20, 3137)
Structure Nevada Revised Statutes
Chapter 354 - Local Financial Administration
NRS 354.140 - Distribution of federal money from forest reserves; reimbursement for cost of audit.
NRS 354.150 - Transfer of balance of dormant fund.
NRS 354.170 - Order of district judge or district court drawing money from county treasury.
NRS 354.190 - Payment of county debts after original allowance: Limitation; exceptions.
NRS 354.200 - Payment of warrants in order of issuance.
NRS 354.230 - Limitation of time for claim.
NRS 354.270 - Issuance of receipts; apportionment of revenue.
NRS 354.280 - Contents of monthly statement of county treasurer.
NRS 354.310 - Provisions of NRS 354.270, 354.280 and 354.290 mandatory; penalties.
NRS 354.472 - Purposes of Local Government Budget and Finance Act.
NRS 354.474 - Applicability to local governments; "local government" defined.
NRS 354.479 - "Accrual basis" defined.
NRS 354.4815 - "Administrative entity" defined.
NRS 354.4817 - "Anticipated revenue" defined.
NRS 354.482 - "Appropriation" defined.
NRS 354.484 - "Assets" defined.
NRS 354.486 - "Audit" defined.
NRS 354.492 - "Budget" defined.
NRS 354.493 - "Budget augmentation" defined.
NRS 354.496 - "Budget year" defined.
NRS 354.499 - "Capital assets" defined.
NRS 354.4995 - "Capital projects fund" defined.
NRS 354.506 - "Contingency account" defined.
NRS 354.510 - "Debt service fund" defined.
NRS 354.516 - "Encumbrances" defined.
NRS 354.517 - "Enterprise fund" defined.
NRS 354.520 - "Expenditure" defined.
NRS 354.523 - "Expense" defined.
NRS 354.5237 - "Fiduciary fund" defined.
NRS 354.524 - "Final budget" defined.
NRS 354.526 - "Fiscal year" defined.
NRS 354.529 - "Function" defined.
NRS 354.533 - "Fund balance" defined.
NRS 354.534 - "General fund" defined.
NRS 354.535 - "General long-term debt" defined.
NRS 354.536 - "Governing body" defined.
NRS 354.543 - "Internal service fund" defined.
NRS 354.548 - "Liabilities" defined.
NRS 354.550 - "Modified accrual basis" defined.
NRS 354.553 - "Proprietary fund" defined.
NRS 354.557 - "Regional facility" defined.
NRS 354.560 - "Reserve" defined.
NRS 354.562 - "Revenue" defined.
NRS 354.570 - "Special revenue fund" defined.
NRS 354.571 - "Supplemental city-county relief tax" defined.
NRS 354.574 - "Tax rate" defined.
NRS 354.578 - "Tentative budget" defined.
NRS 354.590 - Actions of governing body by resolution or ordinance.
NRS 354.592 - Publication of notice: Requirements; cost.
NRS 354.5965 - Tentative budget: Inclusion and availability of list of certain contracts.
NRS 354.598005 - Procedures and requirements for augmenting or amending budget.
NRS 354.59811 - Limitation upon revenue from taxes ad valorem: Calculation.
NRS 354.598155 - Special ad valorem capital projects fund.
NRS 354.59819 - Separate fund for revenue used for operation of regional facility.
NRS 354.59881 - Limitations on fees applicable to public utilities: Definitions.
NRS 354.598812 - Limitations on fees applicable to public utilities: "Customer" defined.
NRS 354.598813 - Limitations on fees applicable to public utilities: "Delinquent amount" defined.
NRS 354.598814 - Limitations on fees applicable to public utilities: "Fee" defined.
NRS 354.598815 - Limitations on fees applicable to public utilities: "Jurisdiction" defined.
NRS 354.598817 - Limitations on fees applicable to public utilities: "Public utility" defined.
NRS 354.598818 - Limitations on fees applicable to public utilities: "Revenue" defined.
NRS 354.59889 - Limitations on fees applicable to public utilities: Change of fees.
NRS 354.5989 - Limitations on fees for business licenses; exceptions.
NRS 354.600 - Contents of budget.
NRS 354.6015 - Fiscal report of local government: Requirements; publication of summary; regulations.
NRS 354.604 - Funds maintained by local governments.
NRS 354.608 - Contingency account: Establishment; limit on appropriations; expenditures.
NRS 354.609 - Petty cash, imprest or revolving account.
NRS 354.6105 - Fund for extraordinary maintenance, repair or improvement of capital projects.
NRS 354.6113 - Fund for construction of capital projects.
NRS 354.6117 - Limitation on amount of money transferred to certain funds; exception.
NRS 354.6118 - Interfund loans or loans to other local governments: Public hearing required.
NRS 354.616 - Adjustment of expenses and revenues.
NRS 354.620 - Unencumbered balance of appropriation lapses at end of fiscal year; reversion to fund.
NRS 354.6215 - Limitation on use of reserves or balances of funds created to insure risks.
NRS 354.625 - Records relating to property and equipment; control of inventory.
NRS 354.626 - Unlawful expenditure of money in excess of amount appropriated; penalties; exceptions.
NRS 354.657 - Purpose; liberal construction.
NRS 354.750 - Alternative method for local government to borrow money or purchase or lease property.
NRS 354.760 - Notice to debtor of required payee of negotiable instrument.
NRS 354.770 - Acceptance of payments by credit card, debit card or electronic transfers of money.
NRS 354.780 - Placement of automated tellers at locations where local government receives payments.
NRS 354.790 - Additional fee for providing service to customer in expeditious or convenient manner.