An overview of Gov. Perdue’s recently-released budget recommendations is now posted at nccivitas.org.
Here’s a sample:
According to the most recent data, North Carolina has lost 103,069 jobs since Gov. Perdue took office in January 2009. In spite of the substantial loss in jobs resulting in fewer taxpayers, Perdue’s proposal would increase spending over the current year’s budget.Compared to the “true” spending in this year’s budget of $20.4 billion (including federal stimulus funds), Perdue’s recommended 2010-11 budgeted expenditures increase state spending by nearly $300 million.
Moreover, due to a projected $391 million revenue shortfall, actual spending in the current year will likely be closer to $20 billion. Perdue’s budget would thus increase spending over the current year’s actual spending by $700 million, or 3.5 percent.
Finally, compared to 2008-09 actual appropriations of $19.65 billion, the Governor’s proposal would hike state spending over a two year period by more than a billion dollars – roughly 5.3% – during the “greatest recession since the Great Depression.”
Be sure to clink on the links in the box for highlights from each major state agency.