As one of his final acts as governor, Pat McCrory submitted his recommended budget for 2017-18. Outgoing governors are required by state law to submit a budget proposal for the ... Keep Reading
state budget
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
State Gov’t “Cut to the Bone”?
The level of state government spending has been a prominent source of debate this election season. Big government apologists try to paint a picture of a woefully underfunded state ... Keep Reading
FY 2016-17 State Budget Limits Spending Growth, Cuts Taxes, Raises Teacher Pay
North Carolina’s 2016-17 state budget responsibly limited the growth rate of state spending, wisely padded the state’s Rainy Day Fund, cut taxes further and continued one of the ... 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
Three Numbers You Won’t Hear About This Year’s Budget
As the state budget agreement moves through the legislative approval process toward Gov. McCrory's desk, there is plenty of media coverage summarizing the major issues addressed ... Keep Reading
House, Senate Brace for Budget Battle
Over at NC Capitol Connection, Matt Caulder has an update on the state budget. The two chambers agree in a number of areas, but the House wants to spend more, and there are ... Keep Reading
Policy Guide Has Real Story of NC Budget
You’ll be seeing a lot in the news about the current state budget – but there’s only one place you’ll see the whole story: our updated public policy guide “Unlocking the State ... Keep Reading
Senate Releases Budget Plan; Includes Tax Cut, Teacher Raises
The North Carolina state Senate yesterday released their budget plan for the 2016-17 fiscal year that starts July 1. Total spending in the plan matches the $22.2 billion included ... Keep Reading
NC House Approves Budget Plan; Boosts Teacher & State Worker Pay
The North Carolina House last night unveiled its revisions to the second year of the state's two-year budget. Highlights include: Total spending is $22.225 billion - an ... Keep Reading