PUBLIC FUNDS shall mean all money, including nontax money, used in the operation and functions of governing bodies. For purposes of a county, city, or village which has a lottery established under the Nebraska County and City Lottery Act, only those net proceeds which are actually received by the county, city, or village from a licensed lottery operator shall be considered public funds, and public funds shall not include amounts awarded as prizes.
(Neb. RS 13-503) (1990 Code, § 1-801.01) (Ord. 427, passed 3-7-1995)