About

As the largest
university-based local
government training,
advisory, and research
organization in the United
States, the School of
Government serves more
than 12,000 public officials
each year.

Browse by Role

The School provides
content and resources for a
wide array of local
government and judicial
officials in North Carolina.

Select your role to explore
all related content.

Browse by Topic

The School provides content
and resources on a wide array
of topics in local government
and judicial administration in
North Carolina.

Select a topic to explore all
related content.

Courses

The School of Government
offers up to 200 courses,
workshops, webinars, and
professional conferences
each year.

Publications

The School of Government
publishes essential books,
manuals, reports, articles,
bulletins, and other print and
online content related to state
and local government.

Blogs

Faculty write for a number
of School of Government
blogs providing timely
updates on emerging issues.

Resources

The School of Government
offers information and
services related to a wide
range of topics relevant to
government and judicial
officials—in-person and on a
variety of platforms.

Blog Posts

Timely updates on emerging issues

Centers and Services

Specialized training/research hubs and consulting services

Frequently Asked Questions

Aggregated answers to common questions on a variety of topics

Knapp Library

Print and online materials and research expertise

Legal Summaries

Brief descriptions of legal cases, bills, or legislative activity

Listservs

Information exchanges for peers and faculty experts

Microsites

In-depth or aggregated content for local government and judicial officials

Tools and Apps

Online and mobile tools for employees on-the-go

Master of Public
Administration Program

The UNC MPA program prepares public service leaders. The program is offered in two formats: on-campus and online.

For more information, visit mpa.unc.edu

Giving

The School of Government depends on private and public support for fulfilling its mission. Your gift will make a lasting impact on the quality of government and civic participation in North Carolina.

Knapp Library

The Joseph Palmer Knapp Library houses a large collection of material on state and local government, public administration, and management to support the School's instructional and research programs and the educational mission of the Master of Public Administration program. Reference and research services are available to all residents of North Carolina, and additional assistance is available to state and local government personnel, both elected and appointed.

County and Municipal Government in North Carolina, Second Edition, 2014 (eBook)

Budgeting for Operating and Capital Expenditures

Chapter number: 20

Kara A. Millonzi, William C. Rivenbark

Price:

$15.00

This is an eBook. You can download and read eBooks on your desktop, laptop, and/or a variety of mobile devices with an e-reader application. eBooks are only licensed for use by one individual and cannot be shared. eBooks cannot be printed out after purchase. For more information about ebooks, click here.

When you purchase this book, your credit card statement will show a charge to Longleaf Services, the School of Government’s fulfillment provider.

County and Municipal Government in North Carolina

Introduction / 334
I. Annual Budget Ordinance / 334
Substantive Budget Ordinance Requirements
and Restrictions / 335
Balanced Budget / 335
Required Budget Ordinance Appropriations / 336
Debt Service / 336
Continuing Contracts / 336
Fund Deficits / 337
Property Taxes / 337
Limits on Appropriations / 337
Contingency Appropriations / 337
Tax Levy Limits / 337
Limits on Interfund Transfers / 337
Voted Property Tax Funds / 338
Agency Funds for Special Districts / 338
Enterprise Funds / 338
Service District Funds / 338
Reappraisal Reserve Fund / 338
Optional Budget Ordinance Provisions / 338
Adoption of Budget Ordinance / 339
Role of Budget Officer / 339
Budgeting Process / 339
Budget Calendar / 340
By April 30: Departmental Requests Must Be
Submitted to the Budget Officer / 340
By June 1: Proposed Budget Must Be Presented
to the Governing Board / 340
After Proposed Budget Presented to Governing Board but
before Its Adoption: Notice and Public Hearing / 340
By July 1: Governing Board Must Adopt
Budget Ordinance / 341
Interim Appropriations / 341
LGC Action for Failure to Adopt a Budget Ordinance / 341
Budgetary Accounting / 342
Amending the Budget Ordinance / 342
Changing the Property Tax Levy / 342
Common Budgeting Tools and Techniques / 343
Line-Item Budgeting / 343
Strategic Budgeting / 343
Performance Budgeting / 343
Zero-Based Budgeting / 343
Balanced Scorecard / 344
II. Capital Budgeting / 344
Capital Projects / 344
Grant Projects / 344
Creating a Project Ordinance / 345
Balanced Project Ordinance Requirement / 345
Amending a Project Ordinance / 345
Closing Out a Project Ordinance / 346
Justification for Capital Budget / 346
Capitalization and Capital Budget Thresholds / 347
Common Capital Budgeting Tools and Techniques / 347
Capital Improvement Program / 347
Financial Condition and Forecasting / 348
Financial Condition Analysis / 348
Financial Forecasting / 349
III. Financial Plans for Internal Service Funds / 350
Adopting a Financial Plan / 350
Balanced Financial Plan Requirement / 351
Amending a Financial Plan / 352
Summary / 352
About the Authors / 352

Public Officials - Local and State Government Roles

Tax and Finance Officials

Budget Officials

Topics - Local and State Government

Local Government Finance

Budgeting

County and Municipal Government in North Carolina, Second Edition, 2014 (eBook)

Budgeting for Operating and Capital Expenditures

Faculty Coordinators