Bill Text: NC H1209 | 2011-2012 | Regular Session | Introduced
Bill Title: Rockingham Landfill Fund Balance
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-06-07 - Ref To Com On Finance [H1209 Detail]
Download: North_Carolina-2011-H1209-Introduced.html
H.B. 1209 May 30, 2012 HOUSE PRINCIPAL CLERK
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2011
H D
HOUSE DRH80365-LB-450 (05/09)
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Short Title: Rockingham Landfill Fund Balance. |
(Local) |
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Sponsors: |
Representatives Jones and Holloway (Primary Sponsors). |
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Referred to: |
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A BILL TO BE ENTITLED
AN ACT to authorize rockingham county to make appropriations from a utility or public service enterprise fund used for operation of a landfill to the county general fund upon certain findings.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 159‑13(b)(14) reads as rewritten:
(b) The following directions and limitations shall bind the governing board in adopting the budget ordinance:
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(14) No appropriation may be made from a utility or public service enterprise fund to any other fund than the appropriate debt service fund unless the total of all other appropriations in the fund equal or exceed the amount that will be required during the fiscal year, as shown by the budget ordinance, to meet operating expenses, capital outlay, and debt service on outstanding utility or enterprise bonds or notes. A county may, upon a finding that a fund balance in a utility or public service enterprise fund used for operation of a landfill exceeds the requirements for funding the operation of that fund, including closure and post‑closure expenditures, transfer excess funds to be used to support the public schools and other services supported by the county's general fund.
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SECTION 2. This act applies to Rockingham County only.
SECTION 3. This act is effective when it becomes law.
