143C-8-8. When a State agency may increase the cost of a capital improvement project.
Upon the request of the administration of a State agency, the Director of the Budget may, when in the Director's opinion it is in the best interest of the State to do so, increase the cost of a capital improvement project. Provided, however, that if the Director of the Budget increases the cost of a project, the Director shall report that action to the Joint Legislative Commission on Governmental Operations at its next meeting. The increase may be funded from gifts, federal or private grants, special fund receipts, excess patient receipts above those budgeted at the University of North Carolina Hospitals at Chapel Hill, or direct capital improvement appropriations to that department or institution. (2006-203, s. 3.)
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.