Nevada § 543.060 - Reimbursements in proportion to benefit received; time of payments; budgets

§ 543.060. Reimbursements in proportion to benefit received; time of payments; budgets

1. The Director shall determine which counties, cities and public districts benefit

by the project, and whether the State is benefited by the project, and to what extent

there is benefit to the subdivisions, and reimbursement to the Flood Control Account

must be made in proportion to the benefit received. 2. If any portion of the Flood Control Account is used for maintenance of any of those

flood control projects, the Flood Control Account must be fully reimbursed for cost

of the maintenance by the State, counties, cities and public districts benefited by

the project. 3. The Director shall determine the period for repayment of the initial nonfederal

charges as provided for under subsection 1, which period may not be more than 5 years

after completion of the project for which money has been authorized. 4. The Director, after having determined the benefits as set forth in subsection 1,

shall, between the first Monday of October and the first Monday of December of each

year, prepare a budget showing the amount of money estimated to be necessary to repay

the initial capital outlay, which initial capital outlay is to be assessed in equal

annual installments, and any estimated maintenance cost for the then current year,

and submit the budget to the board of county commissioners. When the flood control project lies in more than one county, separate budgets must

be prepared for each county.