Nevada § 354.6113 - Fund for construction of capital projects
Full text of Nevada Nevada Revised Statutes § 354.6113 — Fund for construction of capital projects, with citation guidance and answers to common questions.
§ 354.6113. Fund for construction of capital projects
1. The governing body of a local government may, by resolution, establish a fund for
the construction of capital projects. 2. Any interest or income earned on money in the fund in excess of any amount which
is reserved for rebate payments to the Federal Government pursuant to 26 U.S.C. § 148 , as amended, or is otherwise required to be applied in a specific manner by the Internal
Revenue Code of 1986, as amended, must be credited to the fund. 3. The money in the fund must be used only for the construction of capital projects
which are included in the plan for capital improvement of the local government prepared
pursuant to NRS 350.013 . The money in the fund at the end of the fiscal year may not revert to any other
fund or be a surplus for any purpose other than the purpose specified in this subsection. 4. The annual budget and audit report of the local government prepared pursuant to NRS 354.624 must specifically identify the fund and: (a) Indicate in detail the capital projects that have been constructed with money
from the fund; (b) Specify the amount of money, if any, that will be deposited in the fund for the
next fiscal year; (c) Specify any proposed capital projects that will be constructed with money from
the fund during the next fiscal year; and (d) Identify any planned accumulation of the money in the fund. The audit report must include a statement by the auditor whether the local government
has complied with the provisions of this subsection.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 354.6113
What does Nevada Revised Statutes § 354.6113 cover?
Section 354.6113 ("Fund for construction of capital projects") 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 § 354.6113?
A common citation format is "Nevada Revised Statutes § 354.6113" (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 § 354.6113 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.