Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Session law 2025‑97 lets North Carolina agencies swap unspent SFRF for one‑time general‑fund dollars, NCPRO says
Summary
NCPRO director Tommy Clark told state agencies that session law 2025‑97 allows a limited, dollar‑for‑dollar general‑fund swap for unspent State Fiscal Recovery Fund (SFRF) revenue‑replacement projects and requires NCPRO to report unexpended balances to the General Assembly by April 15.
Tommy Clark, director of NCPRO, told a state interagency meeting that session law 2025‑97 gives North Carolina limited flexibility to replace unspent State Fiscal Recovery Fund (SFRF) dollars in revenue‑replacement projects with one‑time general‑fund appropriations.
Clark said the law applies only to projects categorized as revenue replacement under the SFRF codification and warned it does not permit new projects. “This is not gonna be free general fund money. This is to finish out your projects,” Clark said, adding that the swap would be a dollar‑for‑dollar replacement and not a permanent budget increase.
Under section 6.9, NCPRO must…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
