Yes it does!

As stated elsewhere, every year when the District’s Board of Trustees (“Board”) approves a budget for the forthcoming year, it adopts¹ an updated Central Service Cost Allocation Plan”² which provides for payment via transfers from its Utility, Community Services and Beach enterprise funds to its General Fund³ for an alleged “equitable distribution of general, overhead, administrative and similar costs (assigned by staff to the)…District’s General Fund⁴…in conformity with…Nevada Revised Statute Section(s) 354.107(1)⁵ and 354.613(1)(c)⁶.” For an example of the type of “Plan” the Board adopts, and the charges it transfers to the General Fund, the reader is directed to the District’s 2024-25 Plan⁷.

And now you know!

1. See NAC 354.8668(7)(a).
2. See NAC 354.8654 which defines that plan as “documentation of a local government that identifies, accumulates, allocates or develops billing rates for the allocation of the cost(s) of services and property provided by the local government on a centralized basis to its departments, agencies and enterprise funds.”
3. See pages 43-44 of the packet of materials prepared by staff in anticipation of the Board’s May 26, 2022 meeting (“the 5/26/2022 Board packet“).
4. See NAC 354.8668(5)(a) which mandates these costs adhere to this requirement.
5. Which instructs that “the Committee on Local Government Finance (“CLGF”)…adopt…regulations as are necessary for the administration of this chapter.”
6. For an example of the allocated central services costs the Board approved for 2022-23, the reader is directed to page 045 of the 5/26/2022 Board packet.
7. See Supplemental Item G.3.B. to the packet of materials prepared by staff in anticipation of the Board’s May 31, 2024 meeting (“the 5/31/2024 Board packet”).