NAC244.100. Publication of financial statement.

     1. If a county maintains an official Internet website, the county must place a link on the official Internet website to the statement of the total amounts of receipts and expenditures that is required pursuant to NRS 244.225. Such a link must be on a web page that is easily located within the official Internet website of the county.

     2. In addition to the requirements set forth in NRS 244.225, a statement of the total amounts of receipts and expenditures that is maintained on the official Internet website of the county:

     (a) Must:

          (1) Remain on the official Internet website of the county until the county updates the statement after the end of the next calendar quarter.

          (2) Be updated not later than 45 days after the end of every calendar quarter.

          (3) Identify whether the accounting basis of the statement is the cash or modified accrual basis.

          (4) Report on a cash or modified accrual basis the receipts of the county for the calendar quarter. The report of receipts must:

               (I) Be summarized by category or source, including, without limitation, taxes, licenses and permits, intergovernmental resources, charges for services, fines and forfeitures, and miscellaneous receipts; and

               (II) Set forth the total amount of receipts for each category or source for the calendar quarter and the period from the beginning of the current fiscal year through the end of the calendar quarter.

          (5) Report on a cash or modified accrual basis the expenditures of the county for the calendar quarter. The report of expenditures must:

               (I) Except as otherwise provided in this sub-subparagraph, be summarized by payee. Expenditures related to the employment of personnel may be reported as total salaries, wages or benefits, as applicable, without reference to the amounts paid to or on behalf of any individual officer or employee; and

               (II) Set forth the total amount of expenditures for each category and amounts paid to each payee during the calendar quarter and the period from the beginning of the current fiscal year through the end of the calendar quarter.

     (b) May include, without limitation:

          (1) A report of the actual receipts received during the calendar quarter compared to the county’s forecast of the receipts for the calendar quarter.

          (2) A report that compares the actual expenditures made during the calendar quarter to the amounts budgeted for expenditures for the calendar quarter.

          (3) A report of receipts deposited into each fund or account maintained by the county during the calendar quarter.

          (4) A report of expenditures paid during the calendar quarter out of each fund or account maintained by the county.

     3. The Department of Taxation, on behalf of the Committee on Local Government Finance, may notify the county if the statement of receipts and expenditures that is posted on the official Internet website of the county does not comply with the requirements of this section.

     (Added to NAC by Com. on Local Gov’t Finance by R005-12, eff. 12-20-2012)