Current through September 16, 2024
1. Except as otherwise
provided in this section, for the purposes of chapter 288 of NRS, a budgeted ending
fund balance of not more than 16.67 percent of the total budgeted expenditures, less
capital outlay, for a general fund:
(a) Is not
subject to negotiations with an employee organization; and
(b) Must not be considered by a fact finder or
arbitrator in determining the financial ability of the local government to pay
compensation or monetary benefits.
2. For the purposes of chapter 288 of NRS, a
budgeted ending fund balance of not more than 8.3 percent of the total budgeted
expenditures for a local government special revenue fund which receives revenue from
property taxes or the Local Government Tax Distribution Account:
(a) Is not subject to negotiations with an
employee organization; and
(b) Must not
be considered by a fact finder or arbitrator in determining the financial ability of
the local government to pay compensation or monetary benefits.
3. For a school district, for the purposes of
chapter 288 of NRS :
(a) A budgeted ending fund
balance of not more than 12 percent of the total budgeted expenditures for a county
school district fund:
(1) Is not subject to
negotiations with an employee organization; and
(2) Must not be considered by a fact finder or
arbitrator in determining the financial ability of the local government to pay
compensation or monetary benefits ; and
(b) Any portion of a budgeted ending fund balance
which exceeds 16.6 percent of the total budgeted expenditures for a county school
district fund:
(1) Is not subject to negotiations
with an employee organization;
(2) Must
not be considered by a fact finder or arbitrator in determining the financial
ability of the local government to pay compensation or monetary benefits;
and
(3) Except as otherwise provided in
section 77 of chapter 624, Statutes of Nevada 2019, at page 4252, must be
transferred to the Education Stabilization Account pursuant to NRS 387.1213.
Tax Comm'n, Local Gov't
Reg. part No. 13, eff. 1-11-73; A 2-29-80-NAC A 1-10-84; A by Com. on Local
Gov't Finance by R201-01, 4-5-2002; A by
R002-20A,
eff. 11/2/2020; A by
R092-22A,
eff. 12/29/2022
NRS 354.107
