Orange County NC Website
Browse       Search
5/ 26/ 99 <br /> * B . : Funding Sources <br /> 1 . Alternative Sources <br /> The means and methods , of funding future recreation and parks - needs - <br /> may involve . a number of approaches and combinations . As discussed <br /> in Section III , a coordinated approach for capital funding of <br /> acquisitions might be desirable . Some possibilities for funding sources <br /> might include : <br /> • Bond referenda from the County or Towns <br /> • Grants from. ,programs such as the . NC Parrs and Recreation Trust <br /> Fund , the . Natural- Heritage Trust Fund ( via state agencies ) , the . <br /> Clean Water Management Trust Fund , Conservation Reserve . <br /> Enhancement Program , and other sources ( add exam-pies ) <br /> • Allocations from. local government general: funds or special accounts <br /> • Contributions from other agencies with interests <br /> • Matching funds from local governments <br /> • Payment- in - Lieu or New Program of funding through development <br /> ( see Sections VI and VII ) : or. School /.Park Reserve Fund <br /> • Future Federal programs for open space and parks ( Lands Legacy / <br /> Better America Bonds Initiative ) <br /> • NC Conservation Corps (AmeriCorps/VISTA ) <br /> 2 . Local funding of State Trust Funds : Parks and <br /> Recreation .Trust Fund / Natural Heritage Trust Fund . . <br /> Two of these potential funding sources are funded through . locally <br /> collected - revenue stamps . Currently , the County collects $ 2 . 00 per <br /> thousand on Pthe sale prices of . houses , Of this money , 48 % goes to <br /> the State , while 52 % ( $ 1. . 04 of the $ 2 stamp ) stays in the . County . <br /> Three - quarters ( 75 % ) of the- Staters portion : goes to the Parks _ and <br /> Recreation Trust Fund established under G . S : 113 = 44 . 15 . The money <br /> collected under this fund is appropriated annually by the NC Parks and <br /> Recreation Authority and used . as fo1 lows <br /> : 1 <br /> 1 . Sixty - five percent ( 65 % ) for the State Parks System for capital . <br /> projects , repairs/ renovations of park facilities , and land acquisition . <br /> 2 . Thirty percent ( 30 % ) to provide matching funds to local <br /> governmental units on a .dollar- for- dollar basis for local park and <br /> recreation purposes . These funds. shall be allocated - by the North <br /> Carolina . Parks and Recreation Authority based on: criteria patterned <br /> after- the Open Project Selection Process established for the - Land <br /> and Water Conservation Fund administered by the Nation_ al . Park <br /> Service of the United States Department of the Interior . <br /> 1 Information on the Parks and Recreation Trust Fund is taken from the corresponding state statutes <br /> P g <br /> 27 <br />