Violations of The Local Government Budget And Finance Act (“LGBFA”)

As we’ve elsewhere stated, “the purposes of (the LGBFA1)…are:

(a) To establish standard methods and procedures for the preparation, presentation, adoption and administration of budgets of all local governments;

(b) To enable local governments to make financial plans for programs of both current and capital expenditures and to formulate fiscal policies to accomplish these programs;

(c) To provide for estimation and determination of revenues, expenditures and tax levies;

(d) To provide for the control of revenues, expenditures and expenses in order to promote prudence and efficiency in the expenditure of public money; and,

(e) To provide specific methods enabling the public, taxpayers and investors to be apprised of the financial preparations, plans, policies and administration of all local governments.”

Given “the provisions of NRS 354.470 to 354.626, inclusive, apply to…districts organized pursuant to chapter…318,” and the Incline Village General Improvement District (“IVGID”) was created pursuant to Chapter NRS 3182, the LGBFA is entirely applicable to IVGID.

So with that said, here we examine the District’s many violations.

And now you know!

  1. “NRS 354.470 to 354.626, inclusive” (see NRS 354.470).
  2. See About IVGID.