Nevada Revised Statutes Title 31. Public Financial Administration § 354.655. Definitions

1. “Basic function” means an activity of a local government for the purpose of accomplishing a primary service or function of the local government, including, without limitation, those services and functions relating to general governance, public safety, public works, public health, public welfare and judicial services or functions for which the local government is responsible.

2. “Commission” means the Nevada Tax Commission.

3. “Committee” means the Committee on Local Government Finance.

4. “Department” means the Department of Taxation.

5. “Executive Director” means the Executive Director of the Department.

6. “Fiscal watch” means the monitoring of a local government pursuant to a notice issued pursuant to subsection 1 of NRS 354.675.

7. “Holder” includes, without limitation, any owner or other person described in NRS 350.530, a trustee, guarantor, insurer and credit enhancer, and a bank that issues a letter of credit.

8. “Local government” means any local government subject to the provisions of the Local Government Budget and Finance Act.

9. “Technical financial assistance” means assistance provided by the Department to a local government, including, without limitation, assistance with developing budgets, reviewing contracts, analyzing cost allocations, debt management, feasibility analyses and revenue forecasting.

10. The words and terms defined in the Local Government Budget and Finance Act have the meanings ascribed to them in that act.