Nev. Rev. Stat. § 360.680 — Annual allocations from Account

1.  On or before July 1 of each year, the
Executive Director shall allocate to each enterprise district an amount equal
to the amount that the enterprise district received from the Account in the
immediately preceding fiscal year.
2.  Except as otherwise provided in NRS 360.690 and 360.730 , the Executive Director, after
subtracting the amount allocated to each enterprise district pursuant to
subsection 1, shall allocate to each local government or special district which
is eligible for an allocation from the Account pursuant to NRS 360.670 an amount from the Account that
is equal to the amount allocated to the local government or special district
for the preceding fiscal year multiplied by 1 plus the average percentage
change in the Consumer Price Index (All Items) over the 5 calendar years
immediately preceding the year in which the allocation is made.