Bill Summaries: H913 EQUAL FUNDING FOR ALL STUDENTS/HACKNEY.

Tracking:
  • Summary date: Apr 17 2019 - More information

    Identical to S 350, filed 3/25/19.

    Amends GS 115C-426 concerning the budget format to be used by local school administrative units. Provides that the uniform budget format allows other funds (other than the State Public School Fund, local current expense fund, and capital outlay fund) to be used to account for trust funds, federal grants restricted as to use, and special programs. Deletes the provision that allowed other funds to be used to account for reimbursements, including indirect costs, fees for actual costs, tuition, sales tax revenues distributed using the ad valorem method, sales tax refunds, gifts and grants restricted as to use, trust funds, federal appropriations made directly to local school administrative units, municipal appropriations made directly to local school administrative units, and funds received for prekindergarten programs. Also deletes the provision specifying that the appropriation or use of fund balance or interest income by a local school administrative unit must not be construed as a local current expense appropriation included as a part of the local current expense fund.


© 2022 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view