Posts Tagged ‘PSBCF’

Redistribution of Lottery Fund Proceeds Results in Loss of Revenue to Counties for Public School Construction Projects

Monday, July 26th, 2010

UPDATE August 2013: In 2013 the General Assembly repealed the statutory allocations of lottery proceeds and corporate income tax proceeds to the Public School Building Capital Fund. The effectively means that funding for the PSBCF will be subject to yearly budgetary appropriations by the General Assembly. See S.L. 2013-316 and S.L. 2013-360. North Carolina General […]