NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 1006

SENATE BILL 282

 

 

AN ACT TO APPROPRIATE FUNDS TO THE NORTH CAROLINA SYMPHONY SOCIETY, INCORPORATED.

 

Whereas, the North Carolina Symphony has won national acclaim as a major symphony orchestra; and

Whereas, the cost of maintaining the symphony has risen significantly from an annual operating budget of one million four hundred seventy-five thousand dollars ($1,475,000) for fiscal year 1975-76 to one million six hundred eighty thousand dollars ($1,680,000) for fiscal year 1977-78, and an estimated one million eight hundred ninety thousand three hundred ninety-five dollars ($1,890,395) for fiscal year 1978-79; and

Whereas, the annual cost of providing a constant level of educational services has risen from eight hundred thirty-one thousand two hundred forty-eight dollars ($831,248) in 1975-76 to one million eighty-three thousand one hundred ninety-six dollars ($1,083,196) in 1977-78; and

Whereas, the amount of private funds raised for the support of the symphony has risen from thirty-three thousand four hundred ten dollars ($33,410) in 1975-76 to an estimated four hundred thousand dollars ($400,000) in 1977-78 and six hundred thousand dollars ($600,000) in 1978-79; and

Whereas, although a full-scale development program is now in its first year and will continue to grow and build an endowment as a component of the orchestra's financial operation, the North Carolina Symphony cannot continue to operate at an effective level, nor can it survive as a professional orchestra without increased State support; Now, therefore,

 

The General Assembly of North Carolina enacts:

 

Section 1.  There is hereby appropriated from the General Fund to the Department of Cultural Resources for the purpose of a grant-in-aid to the North Carolina Symphony Society, Incorporated, the sum of one hundred forty-five thousand seven hundred fourteen dollars ($145,714) for the fiscal year 1977-78 and the sum of one hundred forty-five thousand seven hundred fourteen dollars ($145,714) for the fiscal year 1978-79.

Sec. 2.  This act shall become effective July 1, 1977.

In the General Assembly read three times and ratified, this the 1st day of July, 1977.