North Carolina General Statutes Chapter 157. Housing Authorities and Projects § 157-4.2. Authority budgeting and accounting systems as a part of city or county budgeting and accounting systems

(1) For purposes of the Local Government Budget and Fiscal Control Act, the authority (or commission) shall not be considered a “public authority,” as that phrase is defined in G.S. 159-7(b), but rather shall be considered a department or agency of the city or county. The operations of the authority (or commission) shall be budgeted and accounted for as if the operations were those of a public enterprise of the city or county.

(2) The budget of the authority (or commission) shall be prepared and submitted in the same manner and according to the same procedures as are the budgets of other departments and agencies of the city or county; and the budget ordinance of the city or county shall provide for the operations of the authority (or commission).

(3) The budget officer and finance officer of the city or county shall administer and control that portion of the city or county budget ordinance relating to the operations of the authority (or commission).