GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

S	1 

SENATE BILL 877

Short Title:  State Accounting System Funds.	(Public)
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Sponsors: Senator Goldston.
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Referred to:  Appropriations.
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May 8, 1991

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS FOR THE CONTINUED DEVELOPMENT, MAINTENANCE, AND IMPLEMENTATION OF THE STATE ACCOUNTING SYSTEM.
Whereas, the North Carolina State government is a large, complex, and geographically dispersed organization and has complex financial informational needs; and
Whereas, the State's central accounting system has not kept pace with the growth in the number and complexity of information needs; and
Whereas, the State has an opportunity not only to eliminate obsolete financial systems with maintenance problems of crisis proportions but also to reap benefits of an integrated financial management system with estimated benefits, once fully implemented, to be on the order of $13,000,000 per year; and
Whereas, the State has conducted three studies that confirm that the State must replace existing systems and has authorized a multiyear State accounting project to upgrade the State's financial systems; and
Whereas, by not proceeding with this important project the State not only forgoes these benefits but also continues to rely on a steadily deteriorating system for basic financial information; and
Whereas, the Office of the State Controller was established to prescribe, develop, operate, and maintain a uniform State accounting system for all State agencies and has vigorously pursued the goal of improving the automated financial system to support central and operating agencies' accounting requirements;  Now, therefore,
The General Assembly of North Carolina enacts:
Section 1.  This act shall be known and may be cited as the "State Accounting Project Act of 1991."
Sec. 2.  (a) There is appropriated from the General Fund to the Office of the State Controller the sum of $1,628,986 for the 1991-92 fiscal year to continue at a minimal level the development, maintenance, and implementation of the State Accounting System Project.  Additional funds from agency departmental receipts may be used for the State Accounting Project if they become available during the fiscal year.
(b)	None of the funds appropriated for the State Accounting Project for the 1990-91 fiscal year or for the 1991-92 fiscal year shall revert at the end of that fiscal year.
Sec. 3.  This act becomes effective July 1, 1991, except for Section 2(b), which becomes effective June 30, 1991.