143C-8-3. Capital improvement needs criteria.
(a) Criteria. - The Office of State Budget and Management shall develop a weighted list of factors that may be used to evaluate the need for capital improvement projects. The list shall include all of the following:
(1) Preservation, adequacy and use of existing facilities.
(2) Health and safety considerations.
(3) Operational efficiencies.
(4) Projected demand for governmental services.
(b) Reporting. - The Office of State Budget and Management shall include the following in each six-year capital improvement plan submitted to the General Assembly pursuant to G.S. 143C-8-5:
(1) The list of factors developed pursuant to subsection (a) of this section.
(2) The most recent results of applying the factors developed pursuant to subsection (a) of this section to capital funds requests from State agencies. (1997-443, s. 34.9; 2000-140, s. 93.1(a); 2001-424, s. 12.2(b); 2006-203, s. 3; 2016-94, s. 37.7(j).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 143C - State Budget Act
Article 8 - Budgeting Capital Improvement Projects.
§ 143C-8-1 - Legislative intent; purpose.
§ 143C-8-3 - Capital improvement needs criteria.
§ 143C-8-4 - Agency capital improvement needs estimates.
§ 143C-8-5 - Six-year capital improvements plan.
§ 143C-8-6 - Recommendations for capital improvements set forth in the Recommended State Budget.
§ 143C-8-7 - When a State agency may begin a capital improvement project.
§ 143C-8-7.1 - Procedures for disbursement of capital funds.
§ 143C-8-8 - When a State agency may increase the cost of a capital improvement project.
§ 143C-8-9 - When a State agency may change the scope of a capital improvement project.
§ 143C-8-10 - Project Reserve Account.
§ 143C-8-12 - Capital improvement projects from sources other than the General Fund.