In a word, NO! As we’ve discussed elsewhere, according to staff the District’s “central services” transfers distribute “the cost of services (allegedly) provided by the General Fund to the District’s various enterprise funds, departments or divisions.” But are they really? And … Continue reading →
The answer is yes! As elsewhere stated, the District is subject to the LGBFA, and the Governmental Accounting Standards Board’s (“GASB’s”) standards. GASB Statement No. 34 instructs that “major funds are funds whose revenues, expenditures/expenses, assets, or liabilities (excluding extraordinary … Continue reading →
As demonstrated elsewhere, the purpose for general improvement districts (“GIDs”) is supposed to be “to provide various urban type services (to real property in)…areas where such services (a)re not available and (cannot) be provided (for) by general purpose government(s)” such as counties, cities and … Continue reading →
Given NRS 318.210 instructs that “the board shall have and exercise all rights and powers necessary or incidental to or implied from the specific powers granted in this chapter,” and NRS 318.197(1) represents a specific power which allows GID boards to … Continue reading →
If one examines the Incline Village General Improvement District’s (“IVGID’s”) revenue sources assigned to recreation (but for the beaches), at least up until fiscal year 2019-20 nearly 25% of reported operational revenue came from the RFF. And were it not … Continue reading →
If one examines NRS 318, nowhere will one find the terms “fuels management” or “defensible space” (go ahead and do a word search). If one examines IVGID staff’s accounting glossary within the budget the Board adopts each year, one will find the … Continue reading →
Courts have oftentimes been asked to define the characteristics of a “tax,” and how they differ from other kinds of monetary exactions such as “fees.” The distinction is one that is not always observed with nicety in judicial decisions. Notwithstanding, … Continue reading →
Pretty simple question, right? Not so fast. Although you may think you know the answer, the truth of the matter is that courts have oftentimes been asked to define a fee’s characteristics, and how they differ from other types of … Continue reading →
Many are of the opinion that all local governments are empowered to adopt any “fees” of their choosing simply because they are “governments.” In fact, in Incline Village/Crystal Bay this opinion extends to monetary exactions of all kinds as long … Continue reading →
Given GID Boards have the power under NRS 318.197(1) to fix “rates, tolls and charges,” the question: Are there limits on the “fees” a GID Board is authorized to adopt and change? And if so, what are they? As with … Continue reading →