NRS 353.3027 “Expenditure” defined.
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/nv/chapter-353-state-financial-administration/353-3027·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 353.3027 “Expenditure” defined. “Expenditure” means the cost of goods delivered or services rendered, whether paid or unpaid, any provision for debt retirement not reported as a liability of the fund from which retired, and any capital outlays. For financial reporting, the term does not include an encumbrance.