Budget Augmentation Forms
Budget Augmentation Forms
Budget Augmentation Forms
BU D G E T AU G M E N TAT I O N
GUIDELINES AND REFERENCES
Department of Taxation
Division of Local Government Services
1550 E. College Parkway, Suite 115
Carson City, NV 89706
Phone 775.684.2100 ● Fax 775.684.2020
CHECKLIST .................................................................................................... 13
NEVADA REVISED STATUTES
(1) The governing body announces the transfer of appropriations at a regularly scheduled meeting
and sets forth the exact amounts to be transferred and the accounts, functions, programs and
funds affected;
(2) The governing body sets forth its reasons for the transfer; and
(3) The action is recorded in the official minutes of the meeting.
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6. In any year in which the legislature by law increases or decreases the revenues of a local government,
and that increase or decrease was not included or anticipated in the local government’s final budget as
adopted pursuant to NRS 354.598, the governing body of any such local government may, within 30
days of adjournment of the legislative session, file an amended budget with the department of taxation
increasing or decreasing its anticipated revenues and expenditures from that contained in its final
budget to the extent of the actual increase or decrease of revenues resulting from the legislative action.
7. In any year in which the legislature enacts a law requiring an increase or decrease in expenditures of a
local government, which was not anticipated or included in its final budget as adopted pursuant to NRS
354.598, the governing body of any such local government may, within 30 days of adjournment of the
legislative session, file an amended budget with the department of taxation providing for an increase or
decrease in expenditures from that contained in its final budget to the extent of the actual amount made
necessary by the legislative action.
8. An amended budget, as approved by the department of taxation, is the budget of the local government
for the current fiscal year.
9. On or before January 1 of each school year, each school district shall adopt an amendment to its final
budget after the count of pupils is completed pursuant to subsection 1 of NRS 387.1233. The
amendment must reflect any adjustments necessary as a result of the completed count of pupils.
(Added to NRS by 2001, 1793)
BUDGET AUGMENTATION
NAC 354.400 Purpose. (NRS 354.107; 354.594; 354.598005) The purpose of NAC 354.400 to 354.490,
inclusive, is to define available resources and to specify filing requirements for budget augmentation for
governmental funds.
[Tax Comm’n, Local Gov’t Reg. part No. 10, eff. 1-13-72; A 11-10-72; 11-8-74; 2-7-76; 12-20-79; 1-14-82] –
(A by Com. on Local Gov’t Finance by R201-01, 4-5-2002; R033-03, 12-16-2003)
NAC 354.430 Notice of hearing. (NRS 354.107; 354.594; 354.598005) The published notice required by
NRS 354.598005 must include the time and place of the hearing, the appropriations to be augmented and
the nature of the unanticipated resources.
[Tax Comm’n, Local Gov’t Reg. part No. 10, eff. 11-8-74; A 1-14-82] – (NAC A 9-5-89; A by Com. on Local
Gov’t Finance by R201-01, 4-5-2002)
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1. A member of the governing body, anticipating his absence on a date of formal action on a resolution
authorizing augmentation, may vote by written proxy if the proxy:
(a) Indicates the subject matter of the resolution to which the vote applies; and
(b) Is filed with the governing body before the resolution is considered.
2. A copy of the proxy must be forwarded to the department of taxation with the record of the vote on the
resolution.
[Tax Comm’n, Local Gov’t Reg. part No. 10, eff. 11-8-74; A 2-7-76; 1-14-82]
NAC 354.450 Deadline. (NRS 354.107; 354.594; 354.598005) The procedure for augmentation must be
completed before June 30 of the affected fiscal year.
[Tax Comm’n, Local Gov’t Reg. part No. 10, eff. 1-13-72; A 11-8-74; 1-14-82]
NAC 354.481 Expenses in excess of original budget appropriation. (NRS 354.107, 354.594,
354.598005) Expenses charged to an enterprise or internal service fund in excess of the original budget
appropriation therefor are allowable in accordance with NRS 354.612 and are not a violation of NRS
354.626 if:
1. The expenses do not cause a deficit in the equity balance of the fund; and
2. The budget is adjusted in a manner provided by law.
(Added to NAC by Com. on Local Gov’t Finance by R033-03, eff. 12-16-2003)
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6. The Department may exempt for a period determined pursuant to subsection 7 a local government from
the requirement to reduce the debt rate pursuant to subsection 3 if the local government demonstrates
to the satisfaction of the Department:
(a) That at least one of the following conditions exist:
(1) The estimated annual revenues from property taxes are not sufficient to pay the
scheduled principal and interest of current outstanding and proposed bonds;
(2) Projects are to be financed by bonds are delayed for a reasonable cause; or
(3) A temporary increase in assessed values of taxable property within the boundaries of the
local government caused an increase in revenues from property taxes; and
(b) A need exists to issue bonds during the subsequent 3 years which:
(1) Would be used to finance projects included in the 5-year capital improvement plan and
debt management policy of the local government; and
(2) Would result in that portion of the ending fund balance in a debt service fund that is
attributable to revenues from property taxes being at a level that would not require the
local government to provide a written explanation to the Department pursuant to
subsection 2.
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SAMPLE RESOLUTION
WHERE AS, the total available resources are now determined to be $__________________.
__________________________________________ $_______________________
__________________________________________ $_______________________
__________________________________________ $_______________________
__________________________________________ $_______________________
__________________________________________ $_______________________
Total $_______________________
WHEREAS, there is a need to apply these excess proceeds in the __(name of fund)_________.
AYES: NAYS:
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
Absent:
___________________________________
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SAMPLE PUBLIC NOTICE
will act on a resolution to augment the fiscal year 2XXX-2XXX budget of the (name of
fund
at which all persons may attend and be heard. Prior to the meeting written comments may be
filed
__(official)_______________________
_____(name of entity)________________
Date: __(date)___________
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REVISED
REVENUE
REVENUES FINAL BUDGET REVISIONS RESOURCES
(Local Government)
Schedule B - ___________________ Fund
REVISED REVENUE SCHEDULE
Page ___________
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REVISED
REVENUE
REVENUES FINAL BUDGET REVISIONS RESOURCES
SUBTOTAL
REVENUE ALL SOURCES
SUBTOTAL
OTHER FINANCING SOURCES
(Local Government)
Schedule B - ___________________ Fund
REVISED REVENUE SCHEDULE
Page ___________
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EXPENDITURE
BY FUNCTION REVISED
AND ACTIVITY FINAL BUDGET REVISIONS EXPENDITURES
(Local Government)
Schedule B - ___________________ Fund
Page ___________
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EXPENDITURE
BY FUNCTION REVISED
AND ACTIVITY FINAL BUDGET REVISIONS EXPENDITURES
SUBTOTAL
EXPENDITURES
OTHER USES
Contingency (not to exceed
3% of total expenditures)
Operating Transfers
SUBTOTAL
OTHER USES
(Local Government)
Schedule B - ___________________ Fund
Page ___________
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REVISED
REVENUES
PROPRIETARY FUND AND
FINAL BUDGET REVISIONS EXPENSES
OPERATING REVENUE
Depreciation/Amortization
Total Operating Expense
Operating Income or (Loss)
NONOPERATING REVENUES
Interest Earned
Property Taxes
Subsidies
Consolidated Tax
NET INCOME
(Local Government)
FUND_____________________________________________________
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REVISED
STATEMENT
PROPRIETARY FUND OF
FINAL BUDGET REVISIONS CASH FLOWS
A. CASH FLOWS FROM OPERATING
ACTIVITIES:
____________________________________________
LOCAL GOVERNMENT
FUND______________________________________
.
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CHECKLIST FOR BUDGET AUGMENTATION
FISCAL YEAR
ENTITY
Reviewed by Date:
Is proxy signed?
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CHECKLIST FOR BUDGET AUGMENTATION
FISCAL YEAR
Signed Date:
Department of Taxation Personnel
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