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NCPRO explains how session law 2025-97 allows limited general‑fund swap for unspent SFRF revenue‑replacement projects
Summary
Tommy Clark, director of the North Carolina Pandemic Recovery Office, described how Session Law 2025‑97 and section 6.9 permit a one‑for‑one replacement of unspent State Fiscal Recovery Fund (SFRF) dollars in revenue‑replacement projects with nonrecurring general‑fund dollars, and outlined reporting and timing requirements for agencies. (Short: 335 characters)
Tommy Clark, director of the North Carolina Pandemic Recovery Office (NCPRO), told state grant managers that Session Law 2025‑97 gives state officials limited flexibility to replace unspent State Fiscal Recovery Fund (SFRF) dollars in revenue‑replacement projects with nonrecurring general‑fund dollars.
Clark said the law requires NCPRO to report to the General Assembly “all of the unexpended balances” in SFRF revenue‑replacement projects and that a reclassification — closing an SFRF project and substituting general‑fund revenue dollar for dollar — is…
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