{"data":{"id":"us-nv/nrs-354.550","jurisdiction":"us-nv","citation":"NRS 354.550","heading":"“Modified accrual basis” defined.","body":"“Modified accrual basis” means the basis of accounting under which expenditures other than accrued interest on general long-term debt are recorded at the time liabilities are incurred and revenues are recorded when they become measurable and available to finance expenditures of the fiscal period.","path":["TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION","CHAPTER 354 - LOCAL FINANCIAL ADMINISTRATION","BUDGETS OF LOCAL GOVERNMENTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-354.html#NRS354Sec550","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"c1c926e71ef5e843bb516bd6cf8dbba1d47b117dae0f73223f6f9f9cd3f45d5c","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-354.548","next":"us-nv/nrs-354.553"},"notice":"GroundRules: Original legal text. Not legal advice."}