Public School Building Repair and Renovation Fund.
§ 115C‑546.20. Fund created; administration.
There is created the Public School Building Repair and Renovation Fund. The Fund shall be administered by the Department of Public Instruction and shall be used to provide funds to counties for repair and renovation projects for local school administrative units within a county. (2021‑180, s. 4.4(a1).)
§ 115C‑546.21. Fund disbursements; allowable uses.
The Department of Public Instruction shall annually allocate all funds available from the Fund to each county in this State in equal amounts. Counties shall utilize funds received under this section for enlargement, improvement, expansion, repair, or renovation of classroom facilities at public school buildings within local school administrative units located in the county. Funds received under this section shall not be used for the retirement of indebtedness. As used in this section, "public school buildings" has the same meaning as in G.S. 115C‑546.2(b). (2021‑180, s. 4.4(a1).)