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Thanks to fiscally conservative policies of spending restraint and saving, state debt continues to trend downward as highlighted in the Debt Affordability Advisory Committee’s (the Committee) annual report submitted to the Governor and General Assembly last week.
Published: Wednesday, February 23rd, 2022 @ 9:43 am
By: John Locke Foundation
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Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
Published: Friday, February 4th, 2022 @ 1:11 pm
By: Stan Deatherage
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The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
Published: Sunday, March 10th, 2019 @ 2:36 pm
By: Carolina Journal
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A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
Published: Sunday, March 10th, 2019 @ 3:55 am
By: John Locke Foundation
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Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
Published: Tuesday, March 13th, 2018 @ 4:08 pm
By: John Locke Foundation
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Before the governor and legislators release their versions of the state budget, a very important source of information is needed - a comprehensive assessment of the state's debt status. Each year the Treasurer's office releases a Debt Affordability Study, which outlines the state's debt...
Published: Thursday, February 12th, 2015 @ 4:15 am
By: John Locke Foundation
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