354.604 - Funds maintained by local governments.
354.604 Funds maintained by local governments. Each local government shall maintain, according to its own needs:
1. The following kinds of governmental funds:
(a) General fund;
(b) Special revenue fund;
(c) Capital projects fund;
(d) Debt service fund; and
(e) Permanent fund.
2. The following kinds of proprietary funds:
(a) Enterprise fund; and
(b) Internal service fund.
3. The following kinds of fiduciary funds:
(a) Pension and other employee benefits funds;
(b) Investment trust funds;
(c) Private-purpose trust funds; and
(d) Agency funds.
(Added to NRS by 1965, 732; A 1971, 200, 1014, 1342; 1981, 1765; 1983, 1636; 1989, 403; 2001, 1806)