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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.
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.
 
Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
 
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
 
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
 
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed. Here’s this week’s review
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed. Here’s this week’s review
 
Governor Cooper proposed a responsible bond to build new schools and update aging infrastructure
 
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.
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.
 
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.
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.
 
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
 
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
 
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
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
 
While publicly lobbying for the $2 billion Connect NC bond referendum that will be on the March 15 ballot, Gov. Pat McCrory and members of his administration say the measure will be fiscally prudent, reducing state General Fund debt over the next five years.
While publicly lobbying for the $2 billion Connect NC bond referendum that will be on the March 15 ballot, Gov. Pat McCrory and members of his administration say the measure will be fiscally prudent, reducing state General Fund debt over the next five years.
 
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