NAC354.559. Contents and form; deadlines for submission; forwarding of final budget.

     1. The fiscal report that the governing body of a local government is required to submit electronically to the Department pursuant to NRS 354.6015:

     (a) Includes the information listed in paragraph (b) of subsection 2 of NRS 354.6015;

     (b) Must be submitted to the Department in the form of the documentation set forth in subsection 2; and

     (c) Must be submitted to the Department on or before the dates and times set forth in subsection 2.

     2. The fiscal report described in subsection 1 consists of the following documentation:

     (a) Except for a local government that has been exempted from the requirement of filing its tentative budget pursuant to the provisions of NRS 354.475 and NAC 354.010 to 354.040, inclusive, the tentative budget that is required to be submitted to the Department pursuant to NRS 354.596. The tentative budget must be submitted to the Department on or before 5 p.m. on April 15 of each year.

     (b) A copy of the final budget that is required to be submitted to the Nevada Tax Commission pursuant to NRS 354.598. Except as otherwise provided in this paragraph, the copy of the final budget must be submitted to the Department on or before 5 p.m. on June 1 of each year. The copy of the final budget of:

          (1) A school district must be submitted to the Department on or before 5 p.m. on June 8 of each year; and

          (2) A local government that has been exempted from the requirement of filing its tentative budget pursuant to the provisions of NRS 354.475 and NAC 354.010 to 354.040, inclusive, must be submitted to the Department on or before 5 p.m. on April 15 of each year.

     (c) If the local government is augmenting a budget pursuant to NRS 354.598005, the information concerning the budget augmentation that the governing body of the local government is authorized to file with the Department pursuant to that section. That information must be submitted to the Department within 30 days after the adjournment of the legislative session if the governing body files the information as authorized pursuant to subsection 6 or 7 of NRS 354.598005.

     (d) The responses of the local government to the quarterly survey prescribed by the Committee concerning the economic conditions affecting the local government. The responses must be submitted to the Department not later than 45 days after the end of each quarter of a fiscal year.

     (e) Except for a local government that has been exempted from the requirement of filing its audit reports pursuant to the provisions of NRS 354.475 and NAC 354.010 to 354.040, inclusive, the actual revenue and the actual expenditures for the fiscal year immediately preceding the fiscal year in which the information is submitted. The information relating to the actual revenue and actual expenditures must be submitted to the Department on or before January 1 of each year.

     (f) If the local government has been exempted from the requirement of filing its audit reports pursuant to the provisions of NRS 354.475 and NAC 354.010 to 354.040, inclusive, the statement of revenues, expenditures and changes in fund balance that is required to be submitted to the Department pursuant to NAC 354.040. The statement must be submitted to the Department on or before January 1 of each year.

     3. For the purpose of submitting the information required to be included in the fiscal report pursuant to paragraph (a), (b) or (e) of subsection 2, the governing body of a local government shall report information relating to:

     (a) A special revenue fund, capital project fund or debt service fund of the local government separately from information relating to any other special revenue fund, capital project fund or debt service fund of the local government if any of the revenue in the special revenue fund, capital project fund or debt service fund was received from property taxes or the Local Government Tax Distribution Account;

     (b) The expenditures or expenses of the local government by the governmental function to which the expenditure or expense was charged for the general fund of the local government and for each special revenue fund, capital project fund, debt service fund and proprietary fund of the local government;

     (c) The total expenditures or expenses of the local government charged against each fund listed in the fiscal report in at least the following categories:

          (1) Salaries and wages;

          (2) Benefits;

          (3) Services and supplies; and

          (4) Capital outlay; and

     (d) Revenue in categories, including, without limitation, property taxes, other taxes, business licenses, other licenses and permits, Local Government Tax Distribution Account, intergovernmental resources, charges for services, and fines and forfeitures.

     4. Upon receipt of a final budget, the Department shall forward a copy of the final budget to the Nevada Tax Commission.

     (Added to NAC by Com. on Local Gov’t Finance by R201-01, 4-5-2002, eff. 7-1-2002)