North Carolina General Statutes
Article 3 - The Local Government Budget and Fiscal Control Act.
§ 159-20 - Funding capital reserve funds.

159-20. Funding capital reserve funds.
Capital reserve funds may be funded by appropriations from any other fund consistent with the limitations imposed in G.S. 159-13(b). When moneys or investment securities, the use of which is restricted by law, come into a capital reserve fund, the identity of such moneys or investment securities shall be maintained by appropriate accounting entries. (1943, c. 593, s. 4; 1945, c. 464, s. 2; 1957, c. 863, s. 1; 1967, c. 1189; 1971, c. 780, s. 1; 1973, c. 474, s. 15.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 159 - Local Government Finance

Article 3 - The Local Government Budget and Fiscal Control Act.

§ 159-7 - Short title; definitions; local acts superseded.

§ 159-8 - Annual balanced budget ordinance.

§ 159-9 - Budget officer.

§ 159-10 - Budget requests.

§ 159-11 - Preparation and submission of budget and budget message.

§ 159-12 - Filing and publication of the budget; budget hearings.

§ 159-13 - The budget ordinance; form, adoption, limitations, tax levy, filing.

§ 159-13.1 - Financial plan for intragovernmental service funds.

§ 159-13.2 - Project ordinances.

§ 159-14 - Trust and custodial funds; budgets of special districts.

§ 159-15 - Amendments to the budget ordinance.

§ 159-16 - Interim budget.

§ 159-17 - Ordinance procedures not applicable to budget or project ordinance adoption.

§ 159-17.1 - Vending facilities.

§ 159-18 - Capital reserve funds.

§ 159-19 - Amendments.

§ 159-20 - Funding capital reserve funds.

§ 159-21 - Investment.

§ 159-22 - Withdrawals.

§ 159-24 - Finance officer.

§ 159-25 - Duties of finance officer; dual signatures on checks; internal control procedures subject to Commission regulation.

§ 159-26 - Accounting system.

§ 159-27 - Distribution of tax collections among funds according to levy.

§ 159-27.1 - Use of revenue bond project reimbursements; restrictions.

§ 159-28 - Budgetary accounting for appropriations.

§ 159-28.1 - Facsimile signatures.

§ 159-29 - Fidelity bonds.

§ 159-30 - Investment of idle funds.

§ 159-30.1 - Trust for other post-employment benefits.

§ 159-30.2 - Trust for law enforcement special separation allowance benefits.

§ 159-31 - Selection of depository; deposits to be secured.

§ 159-32 - Daily deposits.

§ 159-32.1 - Electronic payment.

§ 159-33 - Semiannual reports on status of deposits and investments.

§ 159-33.1 - Semiannual reports of financial information.

§ 159-33.2 - Interim event reporting.

§ 159-34 - Annual independent audit; rules and regulations.

§ 159-35 - Secretary of Local Government Commission to notify units of debt service obligations.

§ 159-36 - Failure of local government to levy debt service taxes or provide for payment of debt.

§ 159-37 - Reports on status of sinking funds.

§ 159-38 - Local units authorized to accept their bonds in payment of certain claims and judgments.

§ 159-39 - Special regulations pertaining to public hospitals.

§ 159-40 - Special regulations pertaining to nonprofit corporations receiving public funds.

§ 159-41 - Special regulations pertaining to joint municipal power agencies.

§ 159-42 - Special regulations pertaining to public housing authorities.

§ 159-42.1 - Establishment of nonprofit corporation by public authority authorized.