“Tax revenues don’t belong to the government, they belong to the people who earned it.” This was the justification from Senate President Pro Tempore Phil Berger (R-Rockingham) ... Keep Reading
revenue surplus
NC revenue surplus revised — again.
$265.8 million; remember that number. That’s North Carolina’s projected revenue surplus, according to the Fiscal Research Division (FRD) of the North Carolina General Assembly. ... Keep Reading
North Carolina revenue surplus now predicted above $190M
Earlier this year, at least 25 states were projected to face revenue shortfalls as they entered their 2018 legislative sessions. However, according to the General Assembly’s ... Keep Reading
State Revenues Ahead of Projections
North Carolina state revenues are headed for another significant surplus this fiscal year, which started July 1, 2016. From WRAL.com The General Assembly's top staff economist ... Keep Reading
State Budget’s Revenue Surplus a Result of “More Jobs and Higher Pay”
After closing the fiscal year that ended June 30 with a $425 million revenue surplus, the first quarter of the new fiscal year has yielded a surplus of $191 million. The state ... Keep Reading
$425 Million Surplus Projected
From the N&O North Carolina will collect $425 million more in tax revenue than anticipated for the fiscal year that ended June 30, according to state economists. The ... Keep Reading