2011 Nevada Revised Statutes
Chapter 354 - Local Financial Administration
NRS 354.140 - Distribution of federal money from forest reserves; reimbursement for cost of audit. [Effective through June 30, 2013.]


NV Rev Stat § 354.140 (2011) What's This?

1. Except as otherwise provided in subsection 2, the money paid to the State of Nevada by the Secretary of the Treasury under the provisions of 16 U.S.C. 500, providing for the payment to states and territories of a fixed percentage of the money received by the Government of the United States from the forest reserves established therein, must be distributed respectively to the county or counties in which the forest reserves are situated.

2. If a special district has been formed pursuant to the provisions of NRS 308.025 to manage money paid to the State of Nevada by the Secretary of the Treasury under the provisions of 16 U.S.C. 500 from forest reserves established within the territory covered by the special district, any such money must be distributed directly to the special district.

3. Money distributed pursuant to subsections 1 and 2 must be expended for the benefit of the public schools and the public roads of the county or counties in equal proportion for each object. The proportion for schools must be paid into the county school district fund. If there is a county road fund, the proportion for roads must be paid into the county road fund. If there is no county road fund, the proportion for roads must be paid into the county general fund for public road purposes.

4. When any forest reserve is in more than one state or county, the distributive share to each must be proportional to its area therein, following as near as may be the figures submitted to the State of Nevada respecting net forest area and county acreage therein by the Forest Service, United States Department of Agriculture.

5. The agency which is responsible for completing any audit required for the continuation of the payments must be reimbursed for the cost of the audit from the funds to which the payments were distributed proportionately according to the percentage of the payment which was distributed to each fund.

[1:191:1907; A 1919, 262; 1919 RL p. 2955; NCL 5931] (NRS A 1983, 238; 2009, 1317)

NRS 354.140 Distribution of federal money from forest reserves; reimbursement for cost of audit. [Effective July 1, 2013.]

1. The money paid to the State of Nevada by the Secretary of the Treasury under the provisions of 16 U.S.C. 500, providing for the payment to states and territories of a fixed percentage of the money received by the Government of the United States from the forest reserves established therein, must be distributed respectively to the county or counties in which the forest reserves are situated, to be expended for the benefit of the public schools and the public roads of the county or counties in equal proportion for each object. The proportion for schools must be paid into the county school district fund. If there is a county road fund, the proportion for roads must be paid into the county road fund. If there is no county road fund, the proportion for roads must be paid into the county general fund for public road purposes.

2. When any forest reserve is in more than one state or county, the distributive share to each must be proportional to its area therein, following as near as may be the figures submitted to the State of Nevada respecting net forest area and county acreage therein by the Forest Service, United States Department of Agriculture.

3. The agency which is responsible for completing any audit required for the continuation of the payments must be reimbursed for the cost of the audit from the funds to which the payments were distributed proportionately according to the percentage of the payment which was distributed to each fund.

[1:191:1907; A 1919, 262; 1919 RL p. 2955; NCL 5931] (NRS A 1983, 238; 2009, 1317, effective July 1, 2013)

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