Economic Context for Local Government Budgeting
As budgeting season approaches, Centralina Regional Council hosted an economic briefing exploring national and regional trends that can inform local government budget planning.
As budgeting season approaches, Centralina Regional Council hosted an economic briefing exploring national and regional trends that can inform local government budget planning.
Our FY26-28 Strategic Plan update was informed by robust internal and external engagement. This engagement yielded several key themes, like expanding local support and capacity building for implementing regional plans, enhancing programs that connect leaders from across the region and prioritizing relationship building.
We are asking for less than 10 minutes of your time to answer 10 questions in our Strategic Priorities Survey. Everyone is encouraged to participate in this survey, whether you’re an elected official, a Board member, a local government staff member, a participant in one of our programs, a leader in a partner organization or a friend of the organization.
CONNECT Beyond is a bold regional mobility plan that sets the vision for how to better connect the rural, suburban, and urban communities in our 12-county region. This plan will guide and coordinate future mobility investments for the next two decades and serve as a blueprint for implementing a robust, integrated public transit network that will combine high-capacity transit lines, enhanced bus services, local mobility options and innovative transportation technologies.
The region’s Comprehensive Economic Development Strategy (CEDS) is a five-year strategy that guides priorities for economic development and outlines a coordinated growth approach that builds on the region’s strengths, addresses barriers to future growth, prioritizes key regional industry clusters and emphasizes collaboration.
Centralina acts as an advocate for key issues and opportunities within our region at the state and federal levels. Each year we put together formalized actions plan that address specific needs and desired policy outcomes. Learn more about our advocacy work with policy makers in Raleigh and Washington D.C.
Over the last year, we developed a three-year strategic plan that will serve as a roadmap for organizational growth and fiscal stability in service of our mission. The plan was informed by robust engagement with our staff, Board and regional stakeholders, including the 2021 Regional Dialogue Series that aimed to understand changes in Centralina communities since the pandemic and explore opportunities for regional collaboration.
To stay economically competitive, our region’s economy must have a dependable, multi-modal freight transportation network to efficiently and reliably move raw materials and finished products that consumers and industries need. This network supports the region’s economic growth, fosters job creation and helps create improved outcomes for individuals as well as the public and private sector.
Federal funds are commonly passed through state agencies in North Carolina before being awarded to local governments, which can make the original funding source less obvious. Before proceeding with a procurement, local governments should verify whether an award originates from a federal source. This determination affects compliance obligations, including procurement standards, reporting, and audit requirements.
When a construction or repair contract over $300,000 involves a building, the procurement and contract are subject to additional requirements under N.C.G.S. 143-128. Therefore, this question must be answered to determine whether the additional statutory requirements apply to this procurement scenario.
The micro-purchase threshold is a federal procurement threshold under which competitive procurement is not required. The default micro-purchase threshold is $15,000, but local governments may increase the micro-purchase threshold up to $50,000. An explanation of increasing the micro-purchase threshold and a template for the required annual self-certification is available here.