GENERAL ASSEMBLY OF NORTH CAROLINA
AN ACT TO AMEND THE SCHOOL BUDGET AND FISCAL CONTROL ACT AS IT APPLIES TO SAMPSON COUNTY CONCERNING APPROVAL OF EXPENDITURES SOME OR ALL OF WHICH ARE TO BE PAID IN ENSUING FISCAL YEARS.
The General Assembly of North Carolina enacts:
Section 1. G.S. 115C-441 is amended by adding a new subsection to read:
"(a1) Continuing Contracts for Capital Outlay. The Clinton City Administrative Unit may enter into a contract for capital outlay expenditures for the completion of the Sampson Middle School building, some portion or all of which is to be performed or paid or both in ensuing fiscal years, without the budget resolution including an appropriation for the entire capital outlay obligation, provided:
(1) the budget resolution includes an appropriation authorizing the current fiscal year's portion of the obligation; and
(2) an unencumbered balance remains in the appropriation sufficient to pay in the current fiscal year the sum obligated by the transaction for the current fiscal year; and
(3) contracts for such capital outlay expenditures are approved by a resolution adopted by the board of county commissioners, which resolution when adopted shall bind the board of county commissioners to appropriate sufficient funds in ensuing fiscal years to meet the amounts to be paid under the contract in those years."
Sec. 2. This act applies to Sampson County only.
Sec. 3. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 21st day of April, 1983.