NRS 407.0762 Account for Maintenance of State Parks: Creation; deposits; money in Account does not lapse; expenditures.

257 words·~1 min read·/nv/chapter-407-state-parks-and-monuments/407-0762·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. The Account for Maintenance of State Parks within the Division of State Parks is hereby created in the State General Fund. Except as otherwise provided in NRS 407.0765 , any amount of fees collected pursuant to paragraphs (d),

(e)and

(f)of subsection 1 or subsection 2 of NRS 407.065 in a calendar year, which is in excess of the amounts authorized for expenditure from that revenue source in the Division’s budget for the fiscal year beginning in that calendar year, must be deposited in the Account.

2. Any amount of the money collected pursuant to NRS 407.0653 must be deposited in the Account.

3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.

4. The money in the Account does not lapse to the State General Fund at the end of any fiscal year.

5. The money deposited in the Account pursuant to subsections 1 and 2 must only be used to repair and maintain state parks, monuments and recreational areas.

6. Before the Administrator may expend money pursuant to subsection 5:

(a)For emergency repairs and projects with a cost of less than $25,000, the Administrator must first receive the approval of the Director.

(b)For projects with a cost of $25,000 or more, other than emergency repairs, the Administrator must first receive the approval of the Director and of the Interim Finance Committee.