Bill > S498

This bill appropriates $12 million in nonrecurring funds from the General Fund to the Office of State Budget and Management (OSBM) specifically for the Town of Beaufort to upgrade and repair its boat docks during the 2025-2026 fiscal year. The funding is a directed grant, meaning the money is earmarked for a specific purpose and recipient, in this case, the municipal infrastructure improvements for Beaufort's boat dock facilities. The bill will take effect on July 1, 2025, and represents a significant investment in the town's maritime infrastructure, which could potentially support local tourism, fishing, and recreational boating activities. By allocating these funds through the state budget process, the North Carolina General Assembly is providing direct financial support to help the Town of Beaufort maintain and enhance its marine facilities.

Budget and Finance

https://www.ncleg.gov/BillLookUp/2025/S498