The "July surprise" boost to revenue has state revenue for the current fiscal year far ahead of schedule, while last fiscal year ended with a $1.1 billion shortfall. From the ... Keep Reading
state budget
Top 10 takeaways from Cooper’s spending proposal
This week Gov. Roy Cooper released his budget recommendations for the current fiscal year that started July 1. Because the state hasn’t passed an actual budget bill since FY ... Keep Reading
The “April/July surprise” revenue is in: What it means for the budget
Yesterday the legislature's Fiscal Research Division shared a memo regarding their new revenue estimates for FY 2019-20, which holds important implications for the current fiscal ... Keep Reading
State revenues down, and still very unclear. Cooper still doing nothing
As reported by NCInsider.com, state budget writers will likely have to wait another month or more to get an updated revenue projection for the fiscal year that started July ... Keep Reading
“Cut to the bone”? State budget has grown four times as fast as population since 1989
North Carolina’s state budget has nearly quadrupled in size in the last 30 years The budget grew more than four times as fast as population Irresponsible state legislators ... Keep Reading
A comparison: North Carolina’s state budget, then vs. now
Thanks to a decade of wise, conservative fiscal policy, North Carolina state government is better positioned financially to weather the economic fallout from the coronavirus ... Keep Reading
Civitas response to 2020 Consensus Revenue Forecast
RALEIGH – Civitas Institute president and CEO Donald Bryson released the following statement in response to the announcement that the General Assembly's nonpartisan Fiscal Research ... Keep Reading
Latest budget report reflects NC’s healthy economy
The latest General Fund monthly report produced by the Office of the State Controller reveals data reflecting a healthy and growing state economy. Totaling state revenues for ... Keep Reading
Lack of funds, or mismanagement, at DHHS?
The N&O is reporting on what appears to be significant layoffs in North Carolina's Department of Health and Human Services, due to the state budget "stalemate." After more ... Keep Reading
Difference between current continuation spending plan and Cooper’s own budget proposal are not large
The continuation spending budget plan spends 96.9 percent of what Gov. Roy Cooper himself proposed, and it would be even closer if Cooper didn’t veto teacher pay raises The ... Keep Reading
