S99 - Appropriations Act of 2018. (SL 2018-5)

Overview: S.L. 2018-5, Sec. 9.7 (SB 99, Sec. 9.7) requires the State Board of Community Colleges (SBCC) to develop a funding formula for computing the North Carolina Community College System costs of the residency determination service administered by the State Education Assistance Authority for the purposes of potential inclusion of the formula in future enrollment growth requests.

The SBCC must report on the proposed funding formula by December 1, 2018, to the Joint Legislative Education Oversight Committee, the House Appropriations Committee on Education, the Senate Appropriations Committee on Education/Higher Education, the Fiscal Research Division, and the Office of State Budget and Management.

The funding formula may not be included in an enrollment request to the General Assembly prior to submission of the report. If the Community Colleges System Office includes the funding formula when submitting enrollment requests for the 2019-2020 or subsequent fiscal years following the report, the portion of the request resulting from the formula must be distinguished in the request.

This section became effective July 1, 2018.