GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2001-112
AN ACT TO MODIFY THE PROCEDURE FOR SUBMITTING LOCAL BUDGETS TO THE STATE BOARD OF COMMUNITY COLLEGES FOR APPROVAL.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 115D-54(b)(4) reads as rewritten:
"(b) The budget shall be prepared and submitted for approval according to the following procedures:
…
(4) Plant Fund Budget. -
The budget request shall contain the items of capital outlay, as provided in
G.S. 115D-31 and 115D- 32, for which funds are requested, from whatever source.
The budget shall be submitted first to the local tax-levying authority,
whichboard of trustees shall submit the budget to the local tax-levying
authority. The local tax-levying authority shall approve or disapprove, in
whole or in part, that portion of the budget requesting local public funds. UponAfter
approval by the local tax-levying authority, the budget shall be submitted
by the board of trustees to theboard of trustees shall submit the budget
to the State Board of Community Colleges, whichColleges on a date
designated by the State Board. The State Board may approve or disapprove,
in whole or in part, that portion of the budget requesting State or federal
funds. Plant funds provided for construction and major renovations shall be
permanent appropriations until the conclusion of the project for which
appropriated."
SECTION 2. G.S. 115D-55(b) reads as rewritten:
"(b) Approval of Budget by
State Board of Community Colleges. - Not later than 10 days afterAfter
notification by the local tax-levying authority of the amount appropriated, the
budget shall be submitted to the State Board of Community Colleges on a date
designated by the State Board of Community Colleges for approval of that
portion within its authority as stated in G.S. 115D-54(b). The State Board of
Community Colleges shall approve the budget for each institution in such amount
as the State Board decides is available and necessary for the operation of the
institution.
The State Board of Community Colleges shall have authority to call for all books, records, audit reports and other information bearing on the financial operation of the institution except records dealing with specific persons for which the persons' rights of privacy are protected by either federal or State law.
Nothing in this Article shall be construed to place a duty on the State Board of Community Colleges to fund a deficit incurred by an institution through failure of the institution to comply with the provisions of this Article or rules and regulations issued pursuant hereto."
SECTION 3. This act becomes effective July 1, 2001.
In the General Assembly read three times and ratified this the 14th day of May, 2001.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 1:46 p.m. this 24th day of May, 2001