Nevada § 543.610 - Levy and collection of taxes

§ 543.610. Levy and collection of taxes

1. To levy and collect taxes, the board shall determine, in each year, the amount

of money necessary to be raised by taxation, and shall fix a rate of levy which, when

levied upon every dollar of assessed valuation of taxable property within the district,

will raise the amount required by the district annually to supply funds for paying

expenses of organization and the costs of acquiring, operating and maintaining the

works and equipment of the district, and promptly to pay in full, when due, all interest

on and principal of general obligation bonds and other general obligations of the

district. In the event of accruing defaults or deficiencies, an additional levy may be made

as provided in NRS 543.620 . 2. The board shall certify to the board of county commissioners, at the same time

as fixed by law for certifying thereto tax levies of incorporated cities, the rate

so fixed with directions that at the time and in the manner required by law for levying

taxes for county purposes such board of county commissioners shall levy such tax upon

the assessed valuation of all taxable property within the district, in addition to

such other taxes as may be levied by such board of county commissioners at the rate

so fixed and determined.