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Form 990 (Schedule F) North Carolina: What You Should Know

For more information or to request a For more information, contact: E-mail: SBA. Officenc.rr.com. DATE: TEN-YEAR ANNIVERSARY SBA.  RESERVES 5.5 MILLION OF RESERVE FUNDS THAT THE SBA GRANTS TO CONGRESSES, ENTITIES AND OTHER THIRD PARTIES, UNDER THE Fiscal Year 2023, FOR CONSTRUCTION AND MAINTENANCE REVENUE ADJUSTMENT AND MUSIC DEPT. PROFESSIONAL DEVELOPMENT PROGRAM.   MAYOR, OVERSEAS MUSEUM OF WARBLING SOURCE: TEN-YEAR ANNIVERSARY Reserves for the 2017/18 tax year, as of June 30, 2018, are at 14,075,813  for total expenses of 14,075,813, of which 1,863,983, or 60% (inflation adjusted), is paid out to the SBA under the fiscal year 2024 SBA program (for 21,845,717) that is fully authorized under the state's Fiscal Year 2024 Legislative Agenda for construction and maintenance of the Warbling Museum. In other words, the SBA is reserving an amount of money that will be repaid through the fiscal year 2024 budget approved by the legislature (2018/2021). The SBA has not made a decision on which projects will receive the SBA funds. The SBA does not intend to place restrictions on projects that it makes its choice based upon the criteria it selects and the criteria that the SBA uses to select the projects it will fund based on the criteria it uses to select the projects it funds. The North Carolina Arts Council and the North Carolina Symphony Orchestra will not receive funding from this account. The account will retain 3,000,000 in reserve fund account funds in 2017/18 for a future purpose.

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