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GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2001 SENATE BILL 1056 RATIFIED BILL AN ACT TO AMEND THE APPLICABILITY OF THE LOCAL GOVERNMENT BUDGET AND FISCAL CONTROL ACT TO HOUSING AUTHORITIES UNDER
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Local government entities, such as municipalities and counties, are required to file Chapter 159 - local to ensure transparency and accountability in their financial reporting.
To fill out Chapter 159 - local, entities must accurately complete the prescribed forms detailing their anticipated revenues and expenditures, along with supporting documentation that justifies their financial projections.
The purpose of Chapter 159 - local is to provide a consistent framework for local government entities to report their financial activities, ensuring accountability and transparency in the use of public funds.
Chapter 159 - local requires entities to report information on budgeted revenues, proposed expenditures, the purpose of funding, and any relevant financial data that reflects the entity's financial health.
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