§ 4.07.620. Distribution and use of proceeds.


Latest version.
  • 1. All special fuel taxes collected by the department pursuant to the supplemental fuel tax ordinance shall be transmitted once each month to this county, and the department shall, in accordance with the terms of the contract made pursuant to Section 4.07.200, charge the county for the department's services specified in the supplemental fuel tax ordinance, such amount as will reimburse the department for the cost to it of rendering the services, subject to the limitation of Section 4.07.150(4) of the supplemental fuel tax ordinance.

    2.

    All net proceeds of the special fuel taxes imposed by the supplemental fuel tax ordinance received by this county from the department shall be deposited by the county treasurer in a fund to be known as the regional street and highway fund in this county treasury, and disbursed only in accordance with the provisions of NRS Chapter 373 and Sections 4.07.080 to 4.07.140.

    3.

    Not more than twenty percent of the taxes on special fuel authorized by this ordinance may be used to provide reimbursement according to regulations adopted by the department in accordance with Section 1.7 or 1.8 of the Act or both of such sections.

(Ord. No. 4126, § 1, 9-3-2013)