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NC General Assembly approves over $1.1 billion for construction in 2007 session

A Carolinas AGC analysis shows that before adjourning on August 2, 2007, the NC General Assembly approved $1,120,973,072 for state construction projects -- $599,292,072 for total state capital and special indebtedness and $276,681,000 for UNC self-liquidating projects that will be funded through dormitory and other fees.

Also, lawmakers authorized $100 million for water and sewer projects. They approved $145 million for repairs and renovations, of which 54% will go to state agencies and 46% to the UNC system. In addition to the $1.1 billion construction total, $120 million was approved for land acquisition for the NC Department of Environment and Natural Resources.

 

 

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