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9 Results found for general fund debt

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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
 
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
 
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.
 
Fiscal conservatives tend to look askance at large issuances of public debt. In this sentiment, they are in good company. "I go on the principle that a public debt is a public curse," wrote James Madison, "and in a Republican Government a greater curse than any other." His mentor and friend...
Fiscal conservatives tend to look askance at large issuances of public debt. In this sentiment, they are in good company. "I go on the principle that a public debt is a public curse," wrote James Madison, "and in a Republican Government a greater curse than any other." His mentor and friend...
 
As Democrats and Republicans debated North Carolina's recently approved state budget, they devoted much of their attention to the income statement of...
As Democrats and Republicans debated North Carolina's recently approved state budget, they devoted much of their attention to the income statement of...
 
Today was a "red letter day" in North Carolina. The N. C. Senate passed S 129, a bill entitled "Limit State Facilities Finance Act." The vote was 47 for and 1 against. It was co-sponsored by Bill Cook, along with 5 other senators.
Today was a "red letter day" in North Carolina. The N. C. Senate passed S 129, a bill entitled "Limit State Facilities Finance Act." The vote was 47 for and 1 against. It was co-sponsored by Bill Cook, along with 5 other senators.
 
Senate Bill 129 passed the Senate Finance Committee on Tuesday afternoon and moved immediately to the floor calendar. Sen. Tommy Tucker, R-Union, ushered the bill through committee with some compelling numbers supporting the measure.
Senate Bill 129 passed the Senate Finance Committee on Tuesday afternoon and moved immediately to the floor calendar. Sen. Tommy Tucker, R-Union, ushered the bill through committee with some compelling numbers supporting the measure.
 
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