Nevada § 266.0263 - Estimated fiscal effect of incorporation: Statement by Department of Taxation; review of statement by Committee on Local Government Finance
Full text of Nevada Nevada Revised Statutes § 266.0263 — Estimated fiscal effect of incorporation: Statement by Department of Taxation; review of statement by Committee on Local Government Finance, with citation guidance and answers to common questions.
§ 266.0263. Estimated fiscal effect of incorporation: Statement by Department of Taxation; review of statement by Committee on Local Government Finance
1. The Department of Taxation shall prepare a concise statement concerning the estimated
fiscal effect of the incorporation on the residents of the proposed city, including
an estimated tax rate and an example of that tax rate applied for 1 year to a median-priced
home in the area of the proposed city compared to an example of the present tax rate
in the area applied for the same period to the same home. 2. Within 30 days after receipt of the petition from the board of county commissioners,
the Department of Taxation shall file with the Committee on Local Government Finance
a statement of estimated fiscal effect prepared pursuant to subsection 1, and any
explanatory material and calculations. 3. The Committee on Local Government Finance shall: (a) Approve or revise and approve the statement of estimated fiscal effect at a public
meeting; and (b) Transmit the statement to the county clerk within 30 days after receipt of the
statement from the Department of Taxation. 4. The statement of estimated fiscal effect prepared by the Department of Taxation
must not affect any subsequent calculations made by the Department if the city is
incorporated.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 266.0263
What does Nevada Revised Statutes § 266.0263 cover?
Section 266.0263 ("Estimated fiscal effect of incorporation: Statement by Department of Taxation; review of statement by Committee on Local Government Finance") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 266.0263?
A common citation format is "Nevada Revised Statutes § 266.0263" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 266.0263 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.