§ 143C-4-1 Annual balanced budget
§ 143C-4-2 Savings Reserve
§ 143C-4-3.1 State Capital and Infrastructure Fund
§ 143C-4-4 Contingency and Emergency Fund
§ 143C-4-5 Non-State match restrictions
§ 143C-4-6 General Fund operating budget size limited
§ 143C-4-7 Limit on number of permanent positions budgeted
§ 143C-4-8 Use of funds appropriated to a reserve
§ 143C-4-9 Pay Plan Reserve
§ 143C-4-10 Unfunded Liability Solvency Reserve
§ 143C-4-11 (Effective until contingency met – see note) Medicaid Contingency Reserve

Terms Used In North Carolina General Statutes > Chapter 143C > Article 4 - Budget Requirements

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • in writing: may be construed to include printing, engraving, lithographing, and any other mode of representing words and letters: Provided, that in all cases where a written signature is required by law, the same shall be in a proper handwriting, or in a proper mark. See North Carolina General Statutes 12-3
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • 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
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3