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17 <br /> 1 ➢ School boards must submit long-range facilities plans (Facilities Needs Survey) to the <br /> 2 State Board of Education every five years (In developing these plans, local boards of <br /> 3 education shall consider costs and feasibility of renovating old school buildings instead <br /> 4 of replacing them.) <br /> 5 ➢ The board of commissioners shall be given a reasonable time to provide the funds the <br /> 6 board finds necessary for providing the local school administrative facilities with suitably <br /> 7 equipped facilities <br /> 8 ➢ The board of commissioners has a duty to provide funds for its finding <br /> 9 115C-524 <br /> 10 ➢ Duty of local board of education and board of commissioners to keep all school buildings <br /> 11 in good repair <br /> 12 The board of commissioners has no authority to require the school board to use a <br /> 13 specific contractor or a specific build process. Use an interlocal agreement for county to <br /> 14 have contracting authority <br /> 15 § 115C-528 <br /> 16 ➢ The school board must get approval from the board of commissioners for any <br /> 17 installment purchase contract if the term is more than 3 years and more than $250K, OR <br /> 18 more than 3x the local board's annual State allocation for classroom materials, <br /> 19 equipment, and supplies, whichever is less. School board must submit information on <br /> 20 installment contracts to commissioners in annual budget <br /> 21 § 115C-530 <br /> 22 ➢ Operational leases for terms of less than three years are not subject to board of county <br /> 23 commissioner approval. <br /> 24 ➢ Operational leases for terms of three years or longer, including renewal periods, are <br /> 25 permitted if conditions are met, including: <br /> 26 • The leases are approved by a resolution adopted by the board of county <br /> 27 commissioners, and the county commissioners must appropriate sufficient funds <br /> 28 to cover the lease <br /> 29 <br /> 30 Public School Building Capital Fund (PSBCF) <br /> 31 <br /> 32 §115C-546.1 to 546.2 <br /> 33 Purpose <br /> 34 ➢ to assist county governments in meeting their public school building capital needs <br /> 35 Fund Appropriation <br /> 36 • Funds appropriated to the PSBCF from the lottery are allocated for school capital <br /> 37 construction projects on ADM basis <br /> 38 • A county may use monies in this Fund to pay for school construction projects in local school <br /> 39 administrative units and to retire indebtedness incurred for school construction projects. <br /> 40 ➢ $100 Million appropriated in 2015-16 & in 2016-17 <br /> 41 <br /> 42 NC Schools costs per sq. ft. (graph) <br /> 43 <br /> 44 2014 Median Cost of New Schools (by region) (chart) <br /> 45 <br /> 46 Commissioner Burroughs referenced the required funds for local school administrative <br /> 47 unites, and asked if there are any optional funds. <br /> 48 Paige Worsham said she could not think of anything, but will research this. <br /> 49 Neil Emory, NCACC Outreach Associate, said most counties do not use purpose and <br /> 50 function budgeting because it does not allow line item discretion, but rather function. He added <br />