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Agenda - 05-04-1999 - 7e
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Agenda - 05-04-1999 - 7e
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4/22/2013 10:26:35 AM
Creation date
3/27/2009 4:54:55 PM
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BOCC
Date
5/4/1999
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7e
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Minutes - 19990504
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\Board of County Commissioners\Minutes - Approved\1990's\1999
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162 COUNTY GOVERNMENT IN NORTH CAROLINA <br />Category III appropriations are allocated by the entire category rather than by <br />individual items of equipment or furniture or by individual vehicles. If the board <br />of education wishes to increase spending above the appropriation by the county <br />commissioners for a Category I project, it must obtain their approval <br />OTHER SPECIAL RULES AFFECTING SCHOOL APPROPRIATIONS <br />Continuing Contracts for Capital Outlays (G.S 115C- 441(cl)). <br />A change made in 1985 to the School Budget and Fiscal Control Act pern is <br />school administrative units to enter into contracts for multiyear capital irnprme. <br />ment projects or outlays, without the school unit's budget resolution for the cur. <br />rent year including an appropriation for the entire contractual obligation <br />However, the current year's school budget resolution does have to include an <br />appropriation authorizing the current year's portion of the obligation, and thi, <br />appropriation must include sufficient funds to pay amounts falling due under <br />the contract in the current year. Moreover, the county commissioners must ap. <br />prove such a continuing contract entered into by the school board. Appro"y <br />of the contract by the board of commissioners obligates it to appropriate fiords <br />in future fiscal years to pay the amounts falling due under the contract in those <br />years. <br />Lease - Purchase Acquisition of Automobiles <br />G.S. 115C- 47(28) permits boards of education to purchase automobiles us* <br />lease- purchase or installment - purchase contracts. Such contracts may ettend ova <br />more than one year, and the school administrative unit may give the Scher a <br />security interest in the automobiles as security for payment. The automobie <br />are the sole security for payment given by the school unit. The unit may = <br />pledge future years' revenues such as county property tax moneys to secure it <br />payments, and, if the unit stops making payments during the contract, the ody <br />recourse of the seller is to take possession of the automobiles. <br />Site Purchase Appmaal <br />The School Budget and Fiscal Control Act provides that the board of edea <br />tion may not enter into a contract to purchase real property or spend any ' <br />to buy it without the approval of the board of commissioners as to the Amor <br />to be paid for the site (G.S. 115C- 426(1)). This approval is given as part d*I <br />closing of the transaction. Note that the board of education, not the bard d <br />commissioners, is responsible for selecting school sites (G.S. 115C -514 T keaa► <br />missionets may not refuse to give their approval because they d6agra *1* <br />4. <br />
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