Bill > H447

This bill appropriates $34 million in nonrecurring funds from the General Fund to the Office of State Budget and Management (OSBM) specifically for a directed grant to the Town of Kernersville for the purpose of constructing or supporting the Kernersville Event Center. The funds are designated for the 2025-2026 fiscal year and will become available on July 1, 2025. This type of legislative appropriation is a common way for state governments to provide targeted financial support to local municipalities for specific community infrastructure or development projects. In this case, the bill allocates a substantial sum to help the Town of Kernersville create or potentially improve an event center, which could serve as a venue for community gatherings, performances, or other local events.

Budget and Finance

https://www.ncleg.gov/BillLookUp/2025/H447