North Carolina General Statutes
Article 31 - The School Budget and Fiscal Control Act.
§ 115C-427 - Preparation and submission of budget and budget message.

115C-427. Preparation and submission of budget and budget message.
(a) Before the close of each fiscal year, the superintendent shall prepare a budget for the ensuing year for consideration by the board of education. The budget shall comply in all respects with the limitations imposed by G.S. 115C-432.
(b) The budget, together with a budget message, shall be submitted to the board of education not later than May 1. The budget and budget message should, but need not, be submitted at a formal meeting of the board. The budget message should contain a concise explanation of the educational goals fixed by the budget for the budget year, should set forth the reasons for stated changes from the previous year in program goals, programs, and appropriation levels, and should explain any major changes in educational or fiscal policy. (1975, c. 437, s. 1; 1981, c. 423, s. 1.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 115C - Elementary and Secondary Education

Article 31 - The School Budget and Fiscal Control Act.

§ 115C-422 - Short title.

§ 115C-423 - Definitions.

§ 115C-424 - Uniform system; conflicting laws and local acts superseded.

§ 115C-425 - Annual balanced budget resolution.

§ 115C-426 - Uniform budget format.

§ 115C-426.1 - Vending facilities.

§ 115C-426.2 - Joint planning.

§ 115C-427 - Preparation and submission of budget and budget message.

§ 115C-428 - Filing and publication of the budget; budget hearing.

§ 115C-429 - Approval of budget; submission to county commissioners; commissioners' action on budget[Effective until June 30, 2023]

§ 115C-430 - Apportionment of county appropriations among local school administrative units.

§ 115C-431 - Procedure for resolution of dispute between board of education and board of county commissioners.

§ 115C-432 - The budget resolution; adoption; limitations; tax levy; filing.

§ 115C-433 - Amendments to the budget resolution; budget transfers.

§ 115C-434 - Interim budget.

§ 115C-435 - School finance officer.

§ 115C-436 - Duties of school finance officer.

§ 115C-437 - Allocation of revenues to the local school administrative unit by the county.

§ 115C-438 - Provision for disbursement of State money.

§ 115C-439 - Facsimile signatures.

§ 115C-440 - Accounting system.

§ 115C-440.1 - Report on county spending on public capital outlay.

§ 115C-441 - Budgetary accounting for appropriations.

§ 115C-441.1 - Dependent care assistance program.

§ 115C-442 - Fidelity bonds.

§ 115C-443 - Investment of idle cash.

§ 115C-444 - Selection of depository; deposits to be secured.

§ 115C-445 - Daily deposits.

§ 115C-446 - Semiannual reports on status of deposits and investments.

§ 115C-447 - Annual independent audit.

§ 115C-448 - Special funds of individual schools.

§ 115C-449 - Proceeds of insurance claims.

§ 115C-450 - School food services.

§ 115C-451 - Reports to State Board of Education; failure to comply with School Budget Act.

§ 115C-452 - Fines and forfeitures.