Nevada Revised Statutes 277.220 – Account for Tahoe Regional Planning Agency: Creation; source and use of money; annual submission of certain reports
1. The Account for the Tahoe Regional Planning Agency is hereby established in the State General Fund and consists of any money provided by direct legislative appropriation. Money in this Account must be expended for the support of, or paid over directly to, the Tahoe Regional Planning Agency in whatever amount and manner is directed by each appropriation or provided by law.
Terms Used In Nevada Revised Statutes 277.220
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Oversight: Committee review of the activities of a Federal agency or program.
2. On or before February 28 of each year, the Tahoe Regional Planning Agency shall submit to the Governor and the Director of the Legislative Counsel Bureau:
(a) A copy of the report of the independent audit most recently prepared for the Tahoe Regional Planning Agency;
(b) A written report detailing:
(1) The nature and purpose of the expenditures made by the Tahoe Regional Planning Agency during the immediately preceding fiscal year from money appropriated to it by the Legislature; and
(2) The progress of the Tahoe Regional Planning Agency in achieving the performance measures and benchmarks included in its current biennial budget; and
(c) A copy of the annual report most recently published by the Tahoe Regional Planning Agency.
3. The Director of the Legislative Counsel Bureau shall cause copies of the materials submitted pursuant to subsection 2 to be transmitted to the Legislative Committee for the Review and Oversight of the Tahoe Regional Planning Agency and the Marlette Lake Water System created by NRS 218E.555 and:
(a) In odd-numbered years, the Legislature.
(b) In even-numbered years, the Interim Finance Committee.