354.604 - Funds maintained by local governments. - Nevada Statutes

354.604  Funds maintained by local governments.  Each local government shall maintain, according to its own needs:

      1.  The following kinds of governmental funds:

      (a) General fund;

      (b) Special revenue fund;

      (c) Capital projects fund;

      (d) Debt service fund; and

      (e) Permanent fund.

      2.  The following kinds of proprietary funds:

      (a) Enterprise fund; and

      (b) Internal service fund.

      3.  The following kinds of fiduciary funds:

      (a) Pension and other employee benefits funds;

      (b) Investment trust funds;

      (c) Private-purpose trust funds; and

      (d) Agency funds.

      (Added to NRS by 1965, 732; A 1971, 200, 1014, 1342; 1981, 1765; 1983, 1636; 1989, 403; 2001, 1806)