Nev. Rev. Stat. § 354.517
“Enterprise fund” defined
Nevada · Nevada Revised Statutes Chapter 354 — Local Financial Administration · Status: effective
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- Citation
- Nev. Rev. Stat. § 354.517, “Enterprise fund” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2105591
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Full text
“Enterprise fund” means a fund established to account for operations:
1. Which are financed and conducted in a manner similar to the operations of private business enterprises, where the intent of the governing body is to have the expenses (including depreciation) of providing goods or services on a continuing basis to the general public, financed or recovered primarily through charges to the users; or
2. For which the governing body has decided that a periodic determination of revenues earned, expenses incurred and net income is consistent with public policy and is appropriate for capital maintenance, management control, accountability or other purposes.