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Results found for "budget revenue"


The budget proposal submitted by the White House on Thursday would add roughly $43 billion in funding to the Internal Revenue Service, also known as the IRS, months after the tax enforcement agency received $80 billion through the Inflation Reduction Act.
Published: Sunday, March 19th, 2023 @ 9:53 am By: Daily Wire
The budget proposal submitted by the White House on Thursday would add roughly $43 billion in funding to the Internal Revenue Service, also known as the IRS, months after the tax enforcement agency received $80 billion through the Inflation Reduction Act.
 
The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
 
North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
 
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium.
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium.
 
N.C. State Treasurer Dale Folwell has joined 24 state treasurers in signing a letter opposing a portion of national Democrats’ $3.5-trillion budget reconciliation bill that would expand the power of the Internal Revenue Service.
N.C. State Treasurer Dale Folwell has joined 24 state treasurers in signing a letter opposing a portion of national Democrats’ $3.5-trillion budget reconciliation bill that would expand the power of the Internal Revenue Service.
 
The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
 
Earlier in the week Under the Dome ran a piece by N&O reporter Will Doran where he relays Governor Cooper’s apprehension about having enough money for next year’s state budget
Earlier in the week Under the Dome ran a piece by N&O reporter Will Doran where he relays Governor Cooper’s apprehension about having enough money for next year’s state budget
 
North Carolina should end the budget year more than a half-billion dollars above revenue projections, and House and Senate Republican leadership swiftly credited their tax-cutting, and regulatory-relief policies for the positive budget news
North Carolina should end the budget year more than a half-billion dollars above revenue projections, and House and Senate Republican leadership swiftly credited their tax-cutting, and regulatory-relief policies for the positive budget news
 
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
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 final numbers are in on North Carolina's budget surplus. They are informative. They ought to provoke significant debate and discussion. Instead, they have gotten virtually no media coverage or public comment
The final numbers are in on North Carolina's budget surplus. They are informative. They ought to provoke significant debate and discussion. Instead, they have gotten virtually no media coverage or public comment
 
In another encouraging sign for North Carolina's economy, Governor Pat McCrory announced today that for the third time this year, the State Budget Office has revised revenue figures upward above May projections by $95 million
In another encouraging sign for North Carolina's economy, Governor Pat McCrory announced today that for the third time this year, the State Budget Office has revised revenue figures upward above May projections by $95 million
 
Two of state government's most influential fiscal administrators overseeing budget and revenue operations are leaving their posts, and Thursday Gov. Pat McCrory called a news conference at the Executive Mansion to announce their successors.
Two of state government's most influential fiscal administrators overseeing budget and revenue operations are leaving their posts, and Thursday Gov. Pat McCrory called a news conference at the Executive Mansion to announce their successors.
 
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
 
As the nation's sub-par economic recovery continues, tax revenues to state coffers are not rising as rapidly as in past periods of robust economic growth. Some left-leaning groups in North Carolina have attempted to seize upon this as an opportunity to criticize the state's 2013 tax cuts as a...
As the nation's sub-par economic recovery continues, tax revenues to state coffers are not rising as rapidly as in past periods of robust economic growth. Some left-leaning groups in North Carolina have attempted to seize upon this as an opportunity to criticize the state's 2013 tax cuts as a...
 
The news that North Carolina's state General Fund budget revenue is now predicted to come in $400 million above original estimates caused the Left to go into full spin mode. For months, liberal progressives were fretting about the end of Western Civilization as we know it due to earlier...
The news that North Carolina's state General Fund budget revenue is now predicted to come in $400 million above original estimates caused the Left to go into full spin mode. For months, liberal progressives were fretting about the end of Western Civilization as we know it due to earlier...
 
Governor Pat McCrory announced today very positive news for the state of North Carolina, which includes an estimated revenue surplus of approximately $400 million dollars for the current fiscal year which ends June 30. Previous consensus budget forecasts predicted a revenue shortfall of...
Published: Thursday, May 7th, 2015 @ 11:15 am By: Chris Downey
Governor Pat McCrory announced today very positive news for the state of North Carolina, which includes an estimated revenue surplus of approximately $400 million dollars for the current fiscal year which ends June 30. Previous consensus budget forecasts predicted a revenue shortfall of...
 
According to the latest monthly report from State Controller Linda Combs, the state of North Carolina has collected about $6.5 billion in General Fund revenue during the first four months of the 2014-15 fiscal year. That's a lot of money. But it's almost $400 million less than what the state...
According to the latest monthly report from State Controller Linda Combs, the state of North Carolina has collected about $6.5 billion in General Fund revenue during the first four months of the 2014-15 fiscal year. That's a lot of money. But it's almost $400 million less than what the state...
 
The proposed N.C. Senate budget plan would shift money away from lower priorities to meet the goal of raising public school teacher pay across the state. John Locke Foundation experts reviewing the $21.2 billion plan for 2014-15 like the Senate's focus on spending existing revenue more efficiently.
The proposed N.C. Senate budget plan would shift money away from lower priorities to meet the goal of raising public school teacher pay across the state. John Locke Foundation experts reviewing the $21.2 billion plan for 2014-15 like the Senate's focus on spending existing revenue more efficiently.
 
With more than 40 counties having already adopted budgets for 2013-14, the NCACC is urging legislators to adopt a tax reform plan that does not negatively impact county revenues.
With more than 40 counties having already adopted budgets for 2013-14, the NCACC is urging legislators to adopt a tax reform plan that does not negatively impact county revenues.
 
The GOP majority on Jones Street has passed budget packages. The House and Senate versions are both in the ballpark of $20.6 billion (hundreds of millions higher than Bev Perdue's last budget).
The GOP majority on Jones Street has passed budget packages. The House and Senate versions are both in the ballpark of $20.6 billion (hundreds of millions higher than Bev Perdue's last budget).
 
In 2011 North Carolina lawmakers passed a two-year state budget which legislators are reviewing this year. The current budget has built in increases of roughly a quarter billion dollars for the second year, and decisions were made based on revenue forecasts at that time.
In 2011 North Carolina lawmakers passed a two-year state budget which legislators are reviewing this year. The current budget has built in increases of roughly a quarter billion dollars for the second year, and decisions were made based on revenue forecasts at that time.
 

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