Nevada Revised Statutes Title 32. Revenue and Taxation § 365.560. Proceeds of tax levied pursuant to NRS 365.190

1. The receipts of the tax levied pursuant to NRS 365.190 must be allocated monthly by the Department to the counties in which the payment of the tax originates pursuant to the formula set forth in subsection 2.

2. The receipts must be apportioned by the Department between the county, towns with town boards as organized under NRS 269.016 to 269.019, inclusive, and incorporated cities within the county in the same ratio as the assessed valuation of property within the boundaries of the towns or incorporated cities within the county bears to the total assessed valuation of property within the county, including property within the towns or incorporated cities.

3. Any money apportioned to a county pursuant to subsection 2 must be expended by the county solely for:

4. Any money apportioned to towns or incorporated cities pursuant to subsection 2 must be expended only for the construction, maintenance and repair of rights-of-way, other than state highways, under the direction and control of the governing body of the town or city.