The Local Government Budget and Fiscal Control Act.

  1. Law
  2. North Carolina General Statutes
  3. Local Government Finance
  4. The Local Government Budget and Fiscal Control Act.

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Section
159-7

Short title; definitions; local acts superseded.

Section
159-8

Annual balanced budget ordinance.

Section
159-9

Budget officer.

Section
159-10

Budget requests.

Section
159-11

Preparation and submission of budget and budget message.

Section
159-12

Filing and publication of the budget; budget hearings.

Section
159-13

The budget ordinance; form, adoption, limitations, tax levy, filing.

Section
159-13.1

Financial plan for intragovernmental service funds.

Section
159-13.2

Project ordinances.

Section
159-14

Trust and custodial funds; budgets of special districts.

Section
159-15

Amendments to the budget ordinance.

Section
159-16

Interim budget.

Section
159-17

Ordinance procedures not applicable to budget or project ordinance adoption.

Section
159-17.1

Vending facilities.

Section
159-18

Capital reserve funds.

Section
159-19

Amendments.

Section
159-20

Funding capital reserve funds.

Section
159-21

Investment.

Section
159-22

Withdrawals.

Section
159-23

Reserved for future codification purposes.

Section
159-24

Finance officer.

Section
159-25

Duties of finance officer; dual signatures on checks; internal control procedures subject to Commission regulation.

Section
159-26

Accounting system.

Section
159-27

Distribution of tax collections among funds according to levy.

Section
159-27.1

Use of revenue bond project reimbursements; restrictions.

Section
159-28

Budgetary accounting for appropriations.

Section
159-28.1

Facsimile signatures.

Section
159-29

Fidelity bonds.

Section
159-30

Investment of idle funds.

Section
159-30.1

Trust for other post-employment benefits.

Section
159-30.2

Trust for law enforcement special separation allowance benefits.

Section
159-31

Selection of depository; deposits to be secured.

Section
159-32

Daily deposits.

Section
159-32.1

Electronic payment.

Section
159-33

Semiannual reports on status of deposits and investments.

Section
159-33.1

Semiannual reports of financial information.

Section
159-34

Annual independent audit; rules and regulations.

Section
159-35

Secretary of Local Government Commission to notify units of debt service obligations.

Section
159-36

Failure of local government to levy debt service taxes or provide for payment of debt.

Section
159-37

Reports on status of sinking funds.

Section
159-38

Local units authorized to accept their bonds in payment of certain claims and judgments.

Section
159-39

Special regulations pertaining to public hospitals.

Section
159-40

Special regulations pertaining to nonprofit corporations receiving public funds.

Section
159-41

Special regulations pertaining to joint municipal power agencies.

Section
159-42

Special regulations pertaining to public housing authorities.

Section
159-42.1

Establishment of nonprofit corporation by public authority authorized.