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Budget Glossary

  • Account – Description of the purpose of an expenditure or the type of revenues received as defined in the State Chart of Accounts (e.g. salaries and wages, purchased contractual services, license fees, etc.). 
  • Agency – North Carolina State Government Agencies,
  • Appropriations – State funds drawn from the General Fund to support an expenditure by a State agency.
  • Budget Code – A code assigned by the Office of State Budget and Management for budgetary reporting purposes. The budget code identifies the fund type (General Fund, Highway Fund, etc.) and the entity. Most agencies have one General Fund Budget Code. For some larger agencies, the Budget Code represents different divisions or major organizational units of the agency.
  • Budget Type – For the purposes of this site, budget type refers to the version of the budget data. There are three types:
    • Certified Budget (Budget) – The original budget enacted by the General Assembly as specified in the Appropriations Act and accompanying Committee Report.  The Certified budget also reflects adjustments specified in statute, such as distributions to State agencies from reserves appropriated by the General Assembly, and organizational or budget changes directed by the General Assembly but left to the Director to carry out.
    • Authorized Budget (Adjusted Budget) – The Certified Budget with changes authorized by the Director of the Budget through authority granted in the State Budget Act or other statutes. Examples of authorized changes include budgeting new receipts, realigning across accounts within a fund purpose, or realigning lapsed salary for one-time operational costs.
    • Actuals  – Represents the actual amounts expended or received by the State.
  • Committee – North Carolina General Assembly Appropriations Committees, Committees are structured around the major areas of the State Budget, including Education, Health and Human Services, Justice and Public Safety, Agriculture and Natural and Economic Resources, General Government, and Transportation.
  • Expenditures – State spending from all sources, including General Fund appropriations and receipts from other sources (e.g. Federal or private grants, fees, sales, etc.).
  • Fiscal Year - The State’s fiscal year (FY), which begins on July 1 and ends on June 30. The Fiscal year number corresponds to the year in which the period ends. For example, FY16 is the period between July 1, 2015 through June 30, 2016.  Data is currently provided for the last four fiscal years, including activity to date for the current fiscal year (FY16).
  • Fund Code –  A Fund Code delineates funds designated for a specific purpose or program within an agency. Fund Codes are a subset of the Budget Code.
  • Fund Type -
    • General Fund - Accounts for all financial resources that are not restricted to specific purposes or otherwise required to be accounted for in another fund. NCOpenBudget includes all General Fund activity.
    • Infrastructure (Select Non-General Funds) – Non-General Funds account for financial resources that are restricted by law or contractual agreement to specific purposes. NCOpenBudget currently includes Non-General Fund activity for the Department of Transportation (Highway Fund and Highway Trust Fund) and the Department of Information Technology.
  • Major Category of Spending – Summary level account information for expenditures and receipts (e.g. personal services; purchased services; property, plant and equipment; fees, licenses and fines).
  • Payee – A recipient of a payment made by the state (e.g. payments to vendors for goods or services, public aid disbursements to local governments and nonprofits, reimbursements to employees, etc.).
  • Payment – Amount expended to a payee.
  • Receipts - Fees, licenses, federal funds, grants, fines, penalties, tuition, and other similar collections or credits generated by State agencies in the course of performing their governmental functions that are not defined as tax proceeds or nontax revenues.

For details about the Budget Cycle Process refer to