Nevada Revised Statutes 388.397 – Remainder of certain state money does not revert and is carried forward to following fiscal year
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Any state money that is not distributed or allocated pursuant to NRS 388.392 to 388.395, inclusive, by the end of the fiscal year does not revert to the State General Fund and must be carried forward for distribution in the following fiscal year.
Terms Used In Nevada Revised Statutes 388.397
- 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.