23 NCAC 02D .0329. MAINTENANCE OF PLANT FLEXIBILITY

(a)  Notwithstanding any other provision of law, a community college that received State funds for maintenance of plant pursuant to G.S. 115D-31.2 for the 2008-2009 fiscal year may use non-instructional State funds allocated to it through the institutional support allotment for maintenance of plant for the 2009-2010 and 2010-2011 fiscal years.

(b)  The amount of these funds used for the 2009-2010 fiscal year for maintenance of plant shall not exceed the total amount of maintenance of plant funds received for the 2008-2009 fiscal year. The amount of these funds used for the 2010-2011 fiscal year for maintenance of plant shall not exceed 50 percent of the amount of maintenance of plant funds received for the 2008-2009 fiscal year.  This Rule is effective for the 2009-2011 fiscal biennium.

 

History Note:        Authority G.S. 115D-5; S.L. 2009-451, s. 8.17(b);

Emergency Adoption Eff. September 30, 2009;

Temporary Adoption Eff. December 29, 2009;

Eff. April 1, 2010.