NAC354.280. Advance of taxes apportioned to local government.

     1. Any entity entitled to an apportionment of taxes may request of the county treasurer an advance tax apportionment if the following procedures are met:

     (a) An advance apportionment must be requested of the county treasurer by the governing body.

     (b) An advance apportionment cannot be made in excess of 75 percent of the undistributed tax receipts on hand in the county treasury to be distributed to the entity.

     (c) The county treasurer shall make an apportionment of taxes to cover any outstanding special apportionment prior to the end of each fiscal year.

     2. Such an apportionment may be made at the option of the county treasurer.

     [Tax Comm’n, Local Gov’t Reg. part No. 2, eff. 11-7-69]