Memo 2025-26 GF Appropriations Condition of Fund
OFFICE OF STATE BUDGET AND MANAGEMENT
JOSH STEIN
GOVERNOR
KRISTIN WALKER
STATE BUDGET DIRECTOR
January 28, 2026
TO: Nels Roseland
State Controller
FROM: Kristin Walker
Budget Director
SUBJECT: 2025-26 General Fund Appropriations, Authorized Revenues, and Condition of the Fund Statement due to the 2025 Session of the General Assembly
Attached are the updated Schedules of Authorized Appropriations, Revenues, and Condition of the Fund Statement for the 2025-26 Fiscal Year as ratified by SL 2025-26, SL 2025-89, SL 2025-91, SL 2025-92, SL 2025-93, and SL 2025-97.
The detailed agency budget code certifications will be posted on the Office of State Budget and Management website under the ‘Budget Memos’ tab: https://www.osbm.nc.gov/.
Please email Jackie Parker at Jackie.Parker@osbm.nc.gov if you have any questions.
Attachments: Appropriation Set Up Detail
| CC: State Treasurer Bradford B. Briner | Darryl Childers | John Poteat |
| State Auditor Dave Boliek | Paul Devenish | Timothy Dale |
| Kristin Walker | Jackie Parker | Troy Scoggins |
| Jennifer Neisner | Brian Farmer | Alishia Moore |
| Mark Bondo | Jennifer Hoffmann | Ashley Price |
| Brett Altman | Laura Klem |
| Budget Code | Code Description | Certified Revenue FY 2025-26 | Certified Revenue FY 2026-27 |
|---|---|---|---|
| 19901 | GF Tax Inheritance | $- | $- |
| 19902 | GF Tax-Licenses Sch. B | $43,200,000 | $44,600,000 |
| 19903 | GF Tax Tobacco Products | $240,800,000 | $235,800,000 |
| 19905 | GF Tax Franchise | $787,800,000 | $805,800,000 |
| 19906 | GF Tax Individual Income | $16,892,700,000 | $16,081,400,000 |
| 19907 | GF Tax Sales & Use | $11,492,800,000 | $11,821,300,000 |
| 19908 | GF Tax Beverage | $560,600,000 | $572,400,000 |
| 19909 | GF Tax Gift | $- | $- |
| 19911 | Schedule IA Freight Car | $200,000 | $200,000 |
| 19912 | GF Tax Insurance Company | $1,417,365,000 | $1,336,477,000 |
| 19913 | GF Tax Piped Natural Gas | $- | $- |
| 19914 | GF Tax Interactive Sports Wagering | $58,300,000 | $63,800,000 |
| 19915 | GF Tax Severance | $- | $- |
| 19916 | GF Tax Corporate Income | $1,379,400,000 | $1,242,900,000 |
| 19920 | GF Real Estate Conveyance | $116,700,000 | $125,600,000 |
| 19921 | GF Tax White Goods | $4,400,000 | $4,600,000 |
| 19922 | GF Tax Scrap Tire Dis | $2,425,000 | 0 |
| 19923 | GF Tax Mill Machinery | $- | $- |
| 19924 | GF Tax-Solid Waste Dis | $3,400,000 | $3,600,000 |
| 19949 | GF Tax Miscellaneous | $100,000 | $100,000 |
| Total Tax Revenue | $33,000,190,000 | $32,338,577,000 | |
| 19951 | GF Non-Tax Insurance-TR Reg Fund | $53,284,259 | $54,660,259 |
| 19953 | GF Non Tax-Ins. Lic. Fees | $70,110,000 | $71,934,000 |
| 19961 | GF Nontax Disproportionate Share | $171,400,000 | $109,000,000 |
| 19965 | GF Nontax St. Treas. Investments | $702,900,000 | $605,500,000 |
| 19974 | GF Nontax-AOC | $202,400,000 | $199,800,000 |
| 19978 | GF Other Non-Tax Revenue | $289,300,000 | $288,100,000 |
| 19964 | GF Master Settlement Agreement | $97,600,000 | $91,800,000 |
| 19990 | GF Nontax Misc | $122,000,000 | $9,100,000 |
| Total Nontax Revenue | $1,708,994,259 | $1,429,894,259 | |
| Total General Fund Revenue | $34,709,184,259 | $33,768,471,259 |
| Green = Tax Revenue | $33,000,190,000 | $32,338,577,000 |
| Blue = Non-tax Revenue | 1,200,094,259 | 1,040,894,259 |
| Black = Other Non-Tax Revenue | 508,900,000 | 389,000,000 |
| $34,709,184,259 | $33,768,471,259 |
| Budget Code | Department | Totals 2025-26 Budget | Totals 2026-27 Budget |
|---|---|---|---|
| Education | |||
| 13510 | Department of Public Education | $11,882,482,748 | $11,947,021,283 |
| 13520 | Governor Morehead School for the Deaf and Blind | $10,361,212 | $10,361,212 |
| 13530 | North Carolina School for the Deaf | $11,752,000 | $11,754,792 |
| 13540 | Eastern North Carolina School for the Deaf | $10,415,946 | $10,418,811 |
| 16800 | Department of Community Colleges | $1,680,600,008 | $1,670,600,008 |
| 16010 | General Administration | $50,098,094 | $50,098,094 |
| 16011 | University Institutional Programs | $147,651,998 | $147,135,334 |
| 16012 | Related Educational Programs | $862,278,591 | $913,278,591 |
| 16015 | Aid to Private Institutions | $1,209,300 | $1,209,300 |
| 16020 | University of North Carolina at Chapel Hill - Academic Affairs | $385,597,924 | $385,597,924 |
| 16021 | University of North Carolina at Chapel Hill - Health Affairs | $249,399,553 | $249,399,553 |
| 16022 | University of North Carolina at Chapel Hill - Area Health Education Centers | $56,855,450 | $56,855,450 |
| 16030 | North Carolina State University - Academic Affairs | $564,312,136 | $564,676,069 |
| 16031 | North Carolina State University - Agricultural Research | $63,465,016 | $63,465,016 |
| 16032 | North Carolina State University - Agricultural Extension | $46,543,237 | $46,543,237 |
| 16040 | University of North Carolina at Greensboro | $204,987,083 | $204,987,083 |
| 16050 | University of North Carolina at Charlotte | $331,584,743 | $331,584,743 |
| 16055 | University of North Carolina at Asheville | $51,101,094 | $51,101,094 |
| 16060 | University of North Carolina at Wilmington | $217,239,729 | 217,239,729 |
| 16065 | East Carolina University - Academic Affairs | $274,127,761 | $274,127,761 |
| 16066 | East Carolina University - Health Affairs | $107,144,915 | $107,144,915 |
| 16070 | North Carolina Agricultural and Technical State University | $162,728,474 | $162,743,010 |
| 16075 | Western Carolina University | $164,563,738 | $164,589,450 |
| 16080 | Appalachian State University | $209,862,595 | $209,862,595 |
| 16082 | University of North Carolina at Pembroke | $95,473,853 | $95,473,853 |
| 16084 | Winston-Salem State University | $68,743,773 | $68,743,773 |
| 16086 | Elizabeth City State University | $48,513,547 | $48,513,547 |
| 16088 | Fayetteville State University | $87,586,990 | $87,586,990 |
| 16090 | North Carolina Central University | $98,572,636 | $98,572,636 |
| 16092 | University of North Carolina School of the Arts | $41,972,163 | $41,972,163 |
| 16094 | North Carolina School of Science and Mathematics | $45,240,766 | $45,240,766 |
| Total Education | $18,232,467,073 | $18,337,898,782 | |
| General Government | |||
| 11000 | General Assembly | $102,796,796 | $102,796,796 |
| 13000 | Governor's Office | $6,823,620 | $6,823,620 |
| 13001 | Office of the Governor - Special Projects | $0 | $0 |
| 13005 | Office of State Budget and Management | $11,679,187 | $11,679,187 |
| 13010 | Housing Finance Agency | $10,660,000 | $10,660,000 |
| 13085 | Office of State Budget and Management - Special | $10,300,000 | $10,300,000 |
| 13050 | Department of Military and Veteran Affairs | $8,912,751 | $8,914,173 |
| 13100 | Office of the Lieutenant Governor | $1,353,058 | $1,353,058 |
| 13200 | Department of Secretary of State | $19,332,801 | $19,332,801 |
| 13300 | Department of State Auditor | $25,351,019 | $25,351,019 |
| 13410 | Department of State Treasurer | $209,074 | $209,074 |
| 13412 | Department of State Treasurer-Retirement for Fire and Rescue Squad | $24,394,657 | $24,394,657 |
| 13900 | Department of Insurance | $59,938,824 | $59,938,824 |
| 13902 | Insurance - Industrial Commission | $14,202,937 | $14,202,937 |
| 14100 | Department of Administration | $67,692,387 | $67,692,387 |
| 14111 | Office of State Human Resources | $11,984,737 | $12,007,263 |
| 14160 | Office of the State Controller | $36,167,245 | $36,167,245 |
| 14660 | Department of Information Technology | $75,092,542 | $75,092,542 |
| 14700 | Department of Revenue | $121,518,245 | $121,540,055 |
| 18025 | Board of Elections | $12,499,729 | $10,999,729 |
| 18210 | Office of Administrative Hearings | $8,300,553 | $8,314,620 |
| Total General Government | $629,210,162 | $627,769,987 | |
| Natural and Economic Resources | |||
| 13700 | Department of Agriculture and Consumer Services | $177,031,833 | $175,531,833 |
| 13800 | Department of Labor | $26,635,258 | $26,642,599 |
| 14300 | Department of Environmental Quality | $108,279,955 | $107,591,615 |
| 14350 | Wildlife Resources Commission | $16,987,620 | $16,987,620 |
| 14600 | Department of Commerce | $15,364,604 | $15,364,604 |
| 14601 | State Aid to Non-state Entities. | $19,655,810 | $19,655,810 |
| 14602 | Commerce - Economic Development | $158,348,245 | $158,348,245 |
| 14800 | Department of Natural and Cultural Resources | $279,874,548 | $279,939,967 |
| Total Natural and Economic Resources | $802,177,873 | $800,062,293 | |
| Department of Health and Human Services | |||
| 14410 | Administration and Support | $214,338,097 | $214,355,234 |
| 14411 | Division of Aging | $52,755,763 | $52,755,763 |
| 14420 | Division of Child Development | $286,033,683 | $286,033,683 |
| 14430 | Division of Health Services | $132,490,581 | $126,018,099 |
| 14440 | Division of Social Services | $226,805,197 | $234,782,560 |
| 14445 | Division of Medical Assistance | $6,524,757,000 | $6,544,062,901 |
| 14450 | Division of Blind and Deaf/HH | $9,465,512 | $9,466,002 |
| 14460 | Division of Mental Health/DD/SAS | $759,544,485 | $801,360,836 |
| 14470 | Division of Health Services Regulations | $26,065,421 | $26,065,421 |
| 14480 | Division of Vocational Rehabilitation | $43,760,936 | $43,772,527 |
| 14435 | Division of Child and Family Wellbeing | $62,131,387 | $62,196,378 |
| Total Department of Health and Human Services | $8,338,148,062 | $8,400,869,404 | |
| Justice and Public Safety | |||
| 12000 | Judicial Department | $802,397,632 | $802,339,122 |
| 12001 | Judicial Department - Indigent Defense | $171,762,513 | $161,780,887 |
| 13600 | Department of Justice | $67,642,069 | $67,649,047 |
| 14550 | Department of Public Safety | $654,919,861 | $649,483,082 |
| 15010 | Department of Adult Correction | $2,053,564,034 | $2,054,220,247 |
| 15020 | State Bureau of Investigation | $94,188,678 | $92,188,678 |
| 15030 | State Highway Patrol | $5,100,000 | $5,100,000 |
| Total Justice and Public Safety | $3,849,574,787 | $3,832,761,063 | |
| Statewide Reserves | |||
| 19050 | General Fund Reserve | $42,206,909 | $42,206,909 |
| 19060 | General Fund Reserve | $25,000,000 | $25,000,000 |
| Total Statewide Reserves | $67,206,909 | $67,206,909 | |
| Total General Fund Appropriation | $31,918,784,866 | $32,066,568,438 |
| Description | 2024-25 Authorized | 2024-25 Actual | 2025-26 Authorized |
|---|---|---|---|
| Unreserved Credit Balance | 2,103,735,680.45 | 2,103,735,680.45 | 890,984,301.83 |
| Starting Reserved Credit Balance | |||
| Savings Reserve (19943) | 4,750,001,113.98 | 4,750,001,113.98 | 3,622,493,519.47 |
| Hurricane Florence Reserve (19935) | 27,681,316.00 | 27,681,316.00 | - |
| Repairs and Renovations Reserve (19945) | - | - | - |
| State Capital and Infrastructure Fund (19802) | - | - | - |
| State Emergency Response and Disaster Relief Fund (19930) | 720,874,062.95 | 720,874,062.95 | 213,923,402.60 |
| Carry Forward Reserve (19936) | 669,658,947.90 | 669,658,947.90 | 471,248,947.93 |
| Medicaid Contingency Reserve (19931) | 726,512,736.00 | 726,512,736.00 | 976,512,736.00 |
| American Rescue Plan Act Reserve (19941) | 38,860,806.99 | 38,860,806.99 | 65,652,440.85 |
| Medicaid Transformation Reserve (19948) | 60,642,170.00 | 60,642,170.00 | - |
| Wilmington Harbor Enhancements Reserve (19803) | 283,800,000.00 | 283,800,000.00 | 283,800,000.00 |
| Information Technology Reserve (19801) | 410,307,521.00 | 410,307,521.00 | 343,792,868.00 |
| Economic Development Project Reserve (19804) | 735,832,000.00 | 735,832,000.00 | 701,438,610.00 |
| Unfunded Liability Solvency Reserve (19932) | - | - | - |
| Opioid Abatement Reserve (19805) | 35,030,248.56 | 35,030,248.56 | 43,784,372.79 |
| World University Games (19807) | - | - | - |
| Federal Infrastructure Match (19810) | 121,758,723.00 | 121,758,723.00 | 95,676,125.00 |
| Stabilization and Inflation Reserve (19814) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 |
| Regional Economonic Development Project Reserve | 4,650,000.00 | 4,650,000.00 | - |
| Total Reserved Credit Balance | 9,585,609,646.38 | 9,585,609,646.38 | 7,818,323,022.64 |
| Revenue | |||
| Tax Revenue | 32,574,000,000.00 | 32,815,286,582.27 | 33,000,190,000 |
| Nontax Revenue | 1,590,300,000.00 | 1,743,742,264.25 | $1,708,994,259 |
| Total Revenue | 34,164,300,000.00 | 34,559,028,846.52 | 34,709,184,259.00 |
| Revenue Adjustments | 15,656,932.75 | 18,732,586.23 | |
| Total Availability | 45,869,302,259.58 | 46,267,106,759.58 | 43,418,491,583.47 |
| Net Appropriations | 31,715,629,101.00 | 31,267,446,987.14 | 31,918,784,866.00 |
| Direct Authorized Transfer from Reserve | 6,883,849,249.06 | 6,290,352,447.97 | 2,877,537,998.78 |
| Ending Balance | 7,269,823,909.52 | 8,709,307,324.47 | 8,622,168,718.69 |
| Ending Reserved Balance | |||
| Savings Reserve (19943) | 3,622,416,699.82 | 3,622,493,519.47 | 3,650,229,032.47 |
| Hurricane Florence Reserve (19935) | - | - | - |
| Repairs and Renovations Reserve (19945) | - | - | - |
| State Emergency Response and Disaster Relief Fund (19930) | 211,148,359.95 | 213,923,402.60 | 43,460,343.60 |
| Carry Forward Reserve (19936) | - | 471,248,947.93 | - |
| Medicaid Contingency Reserve (19931) | 976,512,736.00 | 976,512,736.00 | 500,000,000.00 |
| American Rescue Plan Act Reserve (19941) | 28,463,059.99 | 65,652,440.85 | - |
| Medicaid Transformation Reserve (19948) | - | - | - |
| State Capital and Infrastructure Fund (19802) | - | - | - |
| Wilmington Harbor Enhancements Reserve (19803) | 283,800,000.00 | 283,800,000.00 | 283,800,000.00 |
| Economic Development Project Reserve (19804) | 619,232,000.00 | 701,438,610.00 | 618,032,000.00 |
| Unfunded Liability Solvency Reserve (19932) | - | - | - |
| Opioid Abatement Reserve (19805) | 40,708,719.31 | 43,784,372.79 | 43,784,373.00 |
| Federal Infrastructure Match (19810) | 95,676,125.00 | 95,676,125.00 | 50,206,142.00 |
| Stabilization and Inflation Reserve (19814) | 1,000,000,000.00 | 1,000,000,000.00 | 627,750,000.00 |
| Information Technology Reserve (19801) | 343,792,868.00 | 343,792,868.00 | 271,258,646.00 |
| Regional Economonic Development Project Reserve (19815) | - | - | - |
| Total Reserved Balance | 7,221,750,568.07 | 7,818,323,022.64 | 6,088,520,537.07 |
| Ending Unreserved Balance | 48,073,341.45 | 890,984,301.83 | 2,533,648,181.62 |
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