{"data":{"id":"us-nc/n.c.-gen.-stat.-160b-15","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 160B-15","heading":"Debt limitations.","body":"The net indebtedness in the form of general obligations of a consolidated city-county for school purposes may not exceed eight percent (8%) of the appraised valuation of taxable property in the county. The net indebtedness in the form of general obligations of a consolidated city-county for all purposes other than for schools or water, sewerage, gas and electric purposes may not exceed eight percent (8%) of the appraised valuation of taxable property in the county. No other debt limitations applying to counties and municipalities in North Carolina apply to a consolidated city-county. (1973, c. 537, s. 1.)","path":["Chapter 160B. Consolidated City-County Act.","Article 4. Allocation of Other Revenues."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_160B/GS_160B-15.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:25:47Z","sha256":"9f55920a283825914e6ed69bc8dd31cf0bd59ff525d542e497739593c9f7cfdf","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-160b-14","next":"us-nc/n.c.-gen.-stat.-160b-16"},"notice":"GroundRules: Original legal text. Not legal advice."}