Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter387 Financial Support of School System |
CHARTER SCHOOL AND UNIVERSITY SCHOOL FOR PROFOUNDLY GIFTED PUPILS BUDGET AND FINANCE REGULATIONS |
NAC387.755. Establishment of contingency account authorized; limit on appropriations; expenditures from account.
Latest version.
- A contingency account may be established in any governmental fund. The maximum amount which may be appropriated for such a contingency account is 3 percent of the money otherwise appropriated to the fund, exclusive of any amounts to be transferred to other funds. No expenditure may be made directly from such a contingency account, except as a transfer to the appropriate account, and then only in accordance with the procedure established in NAC 387.735.
(Added to NAC by Bd. of Education by R026-09, eff. 10-27-2009)