Debt Management Commission
The Debt Management Commission reviews and approves debt issuance by the local government entities and oversight of the indebtedness and debt management plans of the entities. This commission is comprised of one representative of the county, one from the school district, one representative from the city in which the county seat is located; one representative of the other incorporated cities jointly, and two representatives of the public at large. This commission meets quarterly of each year and whenever business is presented. The existing members of the Debt Management Commission appoint the two public at-large members.
The DMC establishes the percentage of limitation on ad valorem tax and establishes priorities among essential and nonessential facilities and services. It considers proposals by municipalities to incur general obligation debt, to enter into an installment purchase agreement with a term of more than 10 years, or to levy a special elective tax. The DMC also contemplates proposals by general improvement districts to issue medium-term obligations, to borrow money, and to issue certain types of securities. Additionally, the DMC receives and considers annual statements of current and contemplated general obligation debt and special elective taxes, statements of debt management policies, and plans for capital improvement.
Authority
NRS 350.001
Additional Info
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Meetings
Nov. 15, 2019
Additional Meeting Resources:
Feb. 15, 2019
Dec. 7, 2018
Notice of Cancellation
Aug. 17, 2018
Feb. 16, 2018
Nov. 17, 2017
Notice of Cancellation
Aug. 18, 2017
May 19, 2017
Notice of Cancellation
Feb. 17, 2017
Dec. 9, 2016
Notice of Special Meeting
Nov. 18, 2016
Notice of Cancellation
Feb. 12, 2016
Notice of Cancellation
Nov. 13, 2015
Notice of Cancellation
May 8, 2015
Notice of Cancellation
Feb. 6, 2015
Notice of Cancellation
Nov. 14, 2014
Cancelled
Feb. 7, 2014
Cancelled
Nov. 8, 2013
Cancelled
May 10, 2013
Cancelled
Nov. 9, 2012
Cancelled
May 11, 2012
Cancelled
Feb. 3, 2012
Cancelled
May 13, 2011
Cancelled
Nov. 12, 2010
Cancelled
May 14, 2010
Cancelled
Nov. 13, 2009
Cancelled
July 10, 2008
May 18, 2007
Cancelled