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Section 1. NRS 360.285 is hereby amended to read as follows:

1. 360.285 1. For the purposes of this Title, the governor shall, on or

1. or after that date must be based upon the later certification.

Sec. 2. NRS 360.690 is hereby amended to read as follows:

1. 360.690 1. Except as otherwise provided in NRS 360.730, the

1. special district received from the total amount which was distributed to all
2. local governments and special districts within the county for the fiscal year

1. immediately preceding the year in which the allocation is made. The state

1. treasurer shall remit that amount to the local government or special district.

1. 4. Except as otherwise provided in subsection 5, if the executive

1. director determines that there is money remaining in the county’s

1. subaccount in the account after the base monthly allocation determined

1. pursuant to subsection 2 has been allocated to each local government,

1. special district and enterprise district, he shall immediately determine and

1. allocate each:

1. (a) Local government’s share of the remaining money by:

1. (1) Multiplying one-twelfth of the amount allocated pursuant to NRS

1. 360.680 by one plus the sum of the:

1. (I) Percentage change in the population of the local government for

1. the fiscal year immediately preceding the year in which the allocation is

1. made, as certified by the governor pursuant to NRS 360.285 except as

1. otherwise provided in subsection 6; and

1. (II) Average percentage change in the assessed valuation of taxable

1. property in the local government, except any assessed valuation attributable

1. made; and

1. (2) Using the figure calculated pursuant to subparagraph (1) to

1. calculate and allocate to each local government an amount equal to the

1. proportion that the figure calculated pursuant to subparagraph (1) bears to

1. the total amount of the figures calculated pursuant to subparagraph (1) of

1. this paragraph and subparagraph (1) of paragraph (b), respectively, for the

1. local governments and special districts located in the same county

1. multiplied by the total amount available in the subaccount; and

1. (b) Special district’s share of the remaining money by:

1. (1) Multiplying one-twelfth of the amount allocated pursuant to NRS

1. 360.680 by one plus the average change in the assessed valuation of taxable

1. property in the special district, except any assessed valuation attributable to

1. the net proceeds of minerals, over the 5 fiscal years immediately preceding

1. the year in which the allocation is made; and

1. (2) Using the figure calculated pursuant to subparagraph (1) to

1. calculate and allocate to each special district an amount equal to the

1. proportion that the figure calculated pursuant to subparagraph (1) bears to

1. the total amount of the figures calculated pursuant to subparagraph (1) of

1. this paragraph and subparagraph (1) of paragraph (a), respectively, for the

1. local governments and special districts located in the same county

1. multiplied by the total amount available in the subaccount.

1. The state treasurer shall remit the amount allocated to each local

1. government or special district pursuant to this subsection.

1. 5. The executive director shall not allocate any amount to a local

1. government or special district pursuant to subsection 4, unless the amount
2. distributed and allocated to each of the local governments and special

1. districts in the county in each preceding month of the fiscal year in which

1. the allocation is to be made was at least equal to the base monthly

1. allocation determined pursuant to subsection 2. If the amounts distributed

1. to the local governments and special districts in the county for the

1. preceding months of the fiscal year in which the allocation is to be made

1. were less than the base monthly allocation determined pursuant to

1. subsection 2 and the executive director determines there is money

1. remaining in the county’s subaccount in the account after the distribution

1. for the month has been made, he shall:

1. (a) Determine the amount by which the base monthly allocations

1. determined pursuant to subsection 2 for each local government and special

1. district in the county for the preceding months of the fiscal year in which

1. the allocation is to be made exceeds the amounts actually received by the

1. local governments and special districts in the county for the same period;

1. and

1. (b) Compare the amount determined pursuant to paragraph (a) to the

1. amount of money remaining in the county’s subaccount in the account to

1. determine which amount is greater.

1. If the executive director determines that the amount determined pursuant to

1. paragraph (a) is greater, he shall allocate the money remaining in the

1. county’s subaccount in the account pursuant to the provisions of subsection

1. 3. If the executive director determines that the amount of money remaining

1. in the county’s subaccount in the account is greater, he shall first allocate

1. the money necessary for each local government and special district to

1. receive the base monthly allocation determined pursuant to subsection 2

1. and the state treasurer shall remit that money so allocated. The executive

1. director shall allocate any additional money in the county’s subaccount in

1. the account pursuant to the provisions of subsection 4.

1. population for the calendar year, based upon the population totals issued by

1. the Bureau of the Census.

1. provide to each local government, special district and enterprise district a

1. preliminary estimate of the revenue it will receive from the account for that

1. fiscal year.

1. 8. On or before March 15 of each year, the executive director shall:

1. (a) Make an estimate of the receipts from each tax included in the

1. account on an accrual basis for the next fiscal year in accordance with

1. generally accepted accounting principles, including an estimate for each

1. county of the receipts from each tax included in the account; and

1. (b) Provide to each local government, special district and enterprise

1. district an estimate of the amount that local government, special district or

1. enterprise district would receive based upon the estimate made pursuant to

1. paragraph (a) and calculated pursuant to the provisions of this section.

1. 9. A local government, special district or enterprise district may use the

1. estimate provided by the executive director pursuant to subsection 8 in the

1. preparation of its budget.

Sec. 3. NRS 354.59813 is hereby amended to read as follows:

1. 354.59813 1. In addition to the allowed revenue from taxes ad

1. to it in NRS 360.640.

Sec. 4. NRS 354.598747 is hereby amended to read as follows:

1. 354.598747 1. For the purpose of calculating the amount to be

1. (c) "Special district" has the meaning ascribed to it in NRS 360.650.

Sec. 5. Section 28 of chapter 491, Statutes of Nevada 1991, at page

1. pursuant to the provisions of sections 29 to 33, inclusive, of this act.
2. 2. All interest and income earned on the money in the fund

1. must be credited to the fund after deducting any applicable charges.

1. 3. The state controller shall distribute the money in the fund

1. monthly among the several local governments in the county that are

1. eligible to receive a distribution of the revenue from the

1. supplemental city-county relief tax, including the county, in the

1. proportion which the basic ad valorem revenue of each local

1. government bears to the total basic ad valorem revenue of all these

1. local governments.

Sec. 7. This act becomes effective on July 1, 1999.

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