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
revenue
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
NCAE continues to lose members and revenue; shouldn’t someone ask: why?
The North Carolina Association of Educators (NCAE) is the largest teacher’s union in North Carolina. The organization calls itself “the voice of educators in North Carolina.” NCAE ... Keep Reading
Tax Hikes, Stimulus Funds Helped Fuel Half a Billion Spending Increase in FY 2009-10
The Office of State Controller has posted its General Fund Monthly Financial Report for June; which is significant because it contains year-end summaries for actual revenue ... Keep Reading
No “April Surprise” for NC Tax Revenues; Budget Outlook Still Grim
Each budget year in North Carolina as the fiscal year enters its last couple of months, budget writers anticipate an "April surprise." This surprise depends on tax collections for ... Keep Reading
State Budget Update
WRAL reported yesterday about updated revenue projections for the state budget. According to the article, the picture is still pretty dim, but not as bad is worried: The state ... Keep Reading
State Revenue Update
The General Assembly's Fiscal Research Division has a report updating state revenues through the end of February. Some key findings: • General Fund revenue for the first 8 months ... Keep Reading
State Budget Facing Half Billion Deficit
From the Charlotte Observer: Top lawmakers say North Carolina will come up $500million short of its $19billion budget by the end of June. "It would not surprise me if it hit ... Keep Reading
Watch what Perdue does – not what she says!
Yesterday Gov. Bev Perdue was talking about completing the I-485 loop around Charlotte. While talking she said: "We want you to have a reason to bring it in under budget, and done ... Keep Reading
