Nevada § 354.598005 - Procedures and requirements for augmenting or amending budget

§ 354.598005. Procedures and requirements for augmenting or amending budget

1. If anticipated resources actually available during a budget period exceed those

estimated, a local government may augment a budget in the following manner: (a) If it is desired to augment the appropriations of a fund to which ad valorem taxes

are allocated as a source of revenue, the governing body shall, by majority vote of

all members of the governing body, adopt a resolution reciting the appropriations

to be augmented, and the nature of the unanticipated resources intended to be used

for the augmentation. Before the adoption of the resolution, the governing body shall publish notice of

its intention to act thereon in a newspaper of general circulation in the county for

at least one publication. No vote may be taken upon the resolution until 3 days after the publication of the

notice. (b) If it is desired to augment the budget of any fund other than a fund described

in paragraph (a) or an enterprise or internal service fund, the governing body shall

adopt, by majority vote of all members of the governing body, a resolution providing

therefor at a regular meeting of the body. 2. A budget augmentation becomes effective upon delivery to the Department of Taxation

of an executed copy of the resolution providing therefor. 3. Nothing in NRS 354.470 to 354.626 , inclusive, precludes the amendment of a budget by increasing the total appropriation

for any fiscal year to include a grant-in-aid, gift or bequest to a local unit of

government which is required to be used for a specific purpose as a condition of the

grant. Acceptance of such a grant and agreement to the terms imposed by the granting agency

or person constitutes an appropriation to the purpose specified. 4. A local government need not file an augmented budget for an enterprise or internal

service fund with the Department of Taxation but shall include the budget augmentation

in the next quarterly report. 5. Budget appropriations may be transferred between functions, funds or contingency

accounts in the following manner, if such a transfer does not increase the total appropriation

for any fiscal year and is not in conflict with other statutory provisions: (a) The person designated to administer the budget for a local government may transfer

appropriations within any function. (b) The person designated to administer the budget may transfer appropriations between

functions or programs within a fund, if: (1) The governing body is advised of the action at the next regular meeting; and (2) The action is recorded in the official minutes of the meeting. (c) Upon recommendation of the person designated to administer the budget, the governing

body may authorize the transfer of appropriations between funds or from the contingency

account, if: (1) The governing body announces the transfer of appropriations at a regularly scheduled

meeting and sets forth the exact amounts to be transferred and the accounts, functions,

programs and funds affected; (2) The governing body sets forth its reasons for the transfer; and (3) The action is recorded in the official minutes of the meeting. 6. In any year in which the Legislature by law increases or decreases the revenues

of a local government, and that increase or decrease was not included or anticipated

in the local government's final budget as adopted pursuant to NRS 354.598 , the governing body of any such local government may, within 30 days of adjournment

of the legislative session, file an amended budget with the Department of Taxation

increasing or decreasing its anticipated revenues and expenditures from that contained

in its final budget to the extent of the actual increase or decrease of revenues resulting

from the legislative action. 7. In any year in which the Legislature enacts a law requiring an increase or decrease

in expenditures of a local government, which was not anticipated or included in its

final budget as adopted pursuant to NRS 354.598 , the governing body of any such local government may, within 30 days of adjournment

of the legislative session, file an amended budget with the Department of Taxation

providing for an increase or decrease in expenditures from that contained in its final

budget to the extent of the actual amount made necessary by the legislative action. 8. An amended budget, as approved by the Department of Taxation, is the budget of

the local government for the current fiscal year. 9. On or before January 1 of each school year, each school district shall adopt an

amendment to its final budget after the average daily enrollment of pupils is reported

for the preceding quarter pursuant to subsection 1 of NRS 387.1223 . The amendment must reflect any adjustments necessary as a result of the report.