“Expenditure” defined.

NRS 353.3027 “Expenditure” defined. “Expenditure” means the cost of goods delivered or services rendered, whether paid or unpaid, any provision for debt retirement not reported as a liability of the fund from which retired, and any capital outlays. For financial reporting, the term does not include an encumbrance. (Added to NRS by 1977, 38; A 1987, 623)