Transferring Money from an Enterprise Fund: Authority, Limitations, and Consequences

Published for Coates' Canons on June 05, 2015.

As local governments finalize their budgets, many governing boards are wrestling with difficult decisions over how to raise sufficient revenues to cover estimated expenses during the upcoming fiscal year. G.S. 159-8 requires a governing board to adopt a balanced budget … Read more

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Topics - Local and State Government