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NC Film Grant Gets $15M Lifeline | Wilmington News
North Carolina’s film grant just got a $15 million lifeline to fix a funding gap — but it’s a temporary patch exposing deeper budget missteps. Since 2019, the program operated on “cash-flow” promises, committing funds based on future money — now it’s being held accountable to actual cash on hand. With $89 million in past obligations and only $46 million available this year, the state can’t award new grants beyond its immediate budget. Meanwhile, lawmakers boosted max grants — movies up to $20M, TV up to $25M per season — which could burn through funds faster. Commerce says the program’s still…
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