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Current as of January 01, 2025 | Updated by Findlaw Staff
1. In preparing a tentative budget pursuant to NRS 354.596, the governing body of a local government shall prepare and include a list of any existing contracts the local government has with persons or temporary employment services, the proposed expenditures for such contracts in the next 2 fiscal years and the reasons for the use of such persons or services. If such contracts include privatization contracts, the local government must include in the list:
(a) The duration of such contracts;
(b) The number of privatization contracts proposed for the next 2 fiscal years and the estimated expenditures for such contracts; and
(c) A summary of the number of persons the local government proposes to employ pursuant to each contract, reflected as their equivalent full-time positions if the persons were employed regularly by the local government, and their equivalent hourly wage.
2. The list prepared pursuant to this section is a public record and must be open to public inspection.
3. As used in this section, “privatization contract” means a contract executed by or on behalf of a local government which authorizes a private entity to provide public services which are:
(a) Substantially similar to the services provided by the public employees of the local government; and
(b) In lieu of the services otherwise authorized or required to be provided by the local government.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 31. Public Financial Administration § 354.5965. Tentative budget: Inclusion and availability of list of certain contracts - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-31-public-financial-administration/nv-rev-st-354-5965/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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