The General Assembly finds that due to the continued growth and ongoing need in this State to provide opportunity for school choice for children with disabilities, it is imperative that the State provide an increase in funds of at least one million dollars ($1,000,000) each fiscal year for 10 years for the Personal Education Student Accounts for Children with Disabilities Program. To that end, there is appropriated from the General Fund to the Board of Governors of The University of North Carolina the following amounts each fiscal year to be allocated to the Authority for the Program in accordance with this Article:

Fiscal Year                                                                                      Appropriation

2023-2024                                                                                         $48,943,166

2024-2025                                                                                         $49,943,166

2025-2026                                                                                         $50,943,166

2026-2027                                                                                         $51,943,166

2027-2028                                                                                         $52,943,166

2028-2029                                                                                         $53,943,166

2029-2030                                                                                         $54,943,166

2030-2031                                                                                         $55,943,166

2031-2032                                                                                         $56,943,166

2032-2033 and each subsequent fiscal year thereafter                     $57,943,166

When developing the base budget, as defined by N.C. Gen. Stat. § 143C-1-1, for each fiscal year specified in this section, the Director of the Budget shall include the appropriated amount specified in this section for that fiscal year. ?(2021-180, s. 8A.3(l); 2022-74, s. 8A.1(c).)

Terms Used In North Carolina General Statutes 115C-600

  • board: means a city board of education, county board of education, or a city-county board of education. See North Carolina General Statutes 115C-5
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
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