§ 1 Fiscal year
§ 2 Annual tax for state expenses; trust funds for industrial accidents, occupational diseases and public employees? retirement system; administration of public employees? retirement system
§ 3 State indebtedness: Limitations and exceptions
§ 4 Assumption of debts of county, city or corporation by state
§ 5 Proceeds from fees for licensing and registration of motor vehicles and excise taxes on fuel reserved for construction, maintenance and repair of public highways; exception

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Terms Used In Nevada Constitution > Article 9 - Finance and State Debt

  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.