Nevada Revised Statutes 353.240 – Governor to submit fiscal details to successor
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1. The Governor shall submit to his or her successor in office:
Terms Used In Nevada Revised Statutes 353.240
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
(a) A detailed record of all expenditures made in the preceding fiscal year by each of the departments of the State Government supported by public funds.
(b) A record of fund balances, the income to each fund in the State Treasury, and the record of the sources of income to each fund in the State Treasury from or during the preceding fiscal year.
(c) A statement of the bonded debt and of the obligations and assets of the State as of the close of the preceding fiscal year.
2. The records and statements required by subsection 1 must be submitted in such form as to permit the entry of the items in the proposed budget for the Executive Department of the State Government.