Nevada Administrative Code Chapter 244 - Counties: Financial Information
Here’s a detailed summary of Nevada Administrative Code Chapter 244 – Counties: Financial Information, which governs financial transparency and reporting by county governments.
📘 Scope & Key Provision
§ 244.100 – Publication of Financial Statement
This is the primary regulation in NAC 244. Under it, each county must:
Upload quarterly reports of revenues and expenditures to their official website, easily accessible via a direct link (law.cornell.edu).
Update the published statement within 45 days after the end of each calendar quarter, and keep it online until the next quarterly update (law.cornell.edu).
Disclose accounting basis—specifically, whether figures are based on cash or modified accrual accounting (law.cornell.edu).
Provide detailed financial breakdowns, including:
Receipts: categorized by source (e.g., taxes, fees, grants, permits), showing totals for the quarter and fiscal year to date.
Expenditures: listed by payee (or summarized personnel costs under salaries/wages/benefits), with totals for both the quarter and fiscal year to date (leg.state.nv.us, law.cornell.edu).
Optional but encouraged content:
Comparisons of actual vs. forecasted revenues or budgeted expenditures.
Breakdown of receipts and expenditures across specific funds/accounts (law.cornell.edu).
Oversight mechanism: the Department of Taxation (via the Committee on Local Government Finance) can notify counties if their financial statements fail to comply (law.cornell.edu).
🔍 Why It Matters
Promotes transparency: Residents and watchdogs can more easily track county financial activity.
Ensures accountability: Regular reports help prevent mismanagement or misuse of public funds.
Facilitates fiscal planning: Comparing actuals vs. budgets helps governments and public understand financial performance.
✅ How to Use This
As a resident or watchdog: Visit your county’s official website and look for a link to the latest financial statements, usually under “Finance,” “Budgets,” or “Transparency.”
For deeper analysis: Expect downloadable PDF or spreadsheet versions of the quarterly report to compare actuals vs. planned budgets or explore fund-level details.
🔗 Related Statutes
NRS 244.225 mandates preparation of the statement included in § 244.100 (law.cornell.edu).
NRS 244.220–240 cover county claims, demands, and fiscal controls that support the reporting framework .
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