Comprehensive Economic Development Strategy (CEDS) 2023 – 2028

In 2022, the Centralina Economic Development District Board of Directors worked in partnership with Centralina Regional Council, the CEDS Steering Committee and a range of stakeholders to assess the region’s current economic conditions and develop a strategy to build on existing assets while addressing both short-term shocks and structural challenges to the economy. These findings were the building blocks of the 2023 – 2028 Prosperity for All CEDS, a five-year locally based, regionally driven economic development strategy to generate good jobs, diversify the economy and spur economic growth. 

The CEDS Action Plan includes 26 urgent recommendations implemented during the next 24 months being led by the 28 regional subject matter experts across the region. The Action Plan also includes 58 additional recommendations that will be implemented over the five-year CEDS time frame. Learn more about the CEDS by reading the full report or the abbreviated executive summary below.

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.