State Codes and Statutes
Statutes > North-carolina > Chapter_158 > GS_158-12§ 158‑12. Fiscalaffairs generally; appropriations.
The commission may accept, receive, and disburse in furtherance of itsfunctions any funds, grants, and services made available by the federalgovernment and its agencies, the State government and its agencies, anymunicipalities or counties, and by private and civic sources.
Each municipality or county shall have authority to appropriate fundsto any local or regional economic development commission which it may havecreated. These appropriations may be funded by levy of property taxes pursuantto G.S. 153A‑149 and G.S. 160A‑209 and by the allocation of otherrevenues whose use is not otherwise restricted by law. (1961, c. 722, s. 2; 1973, c. 803, s. 44; c. 1446, s.26.)
