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Results found for "general fund revenue"


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.
 
While most state government watchers were focused on a last-minute legislation at the General Assembly, some good news came out of the Office of the State Controller
Published: Sunday, July 1st, 2018 @ 2:57 am By: Civitas Insitute
While most state government watchers were focused on a last-minute legislation at the General Assembly, some good news came out of the Office of the State Controller
 
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
 
Governor Pat McCrory applauded North Carolina's strong revenue growth during the first quarter of the fiscal year, which is largely driven by strong wage growth and employment gains.
Governor Pat McCrory applauded North Carolina's strong revenue growth during the first quarter of the fiscal year, which is largely driven by strong wage growth and employment gains.
 
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
 
As of January 31, state government had collected $12.1 billion in General Fund revenue and expended $11.2 billion on education, Medicaid, and other state programs since the beginning of the 2015-16 fiscal year
As of January 31, state government had collected $12.1 billion in General Fund revenue and expended $11.2 billion on education, Medicaid, and other state programs since the beginning of the 2015-16 fiscal year
 
The General Assembly's top economist on Thursday said that, unlike last year, when state tax collections appeared to suggest a shortfall in General Fund revenues, state government is on track to meet its projections for the current budget year.
The General Assembly's top economist on Thursday said that, unlike last year, when state tax collections appeared to suggest a shortfall in General Fund revenues, state government is on track to meet its projections for the current budget year.
 
As you may have heard, there is good news out of the state capital: General Fund revenue is now projected to grow significantly faster than budget officials and legislative staffers had once thought. The bad news, however, is that within minutes of this announcement, the spending lobbies and...
As you may have heard, there is good news out of the state capital: General Fund revenue is now projected to grow significantly faster than budget officials and legislative staffers had once thought. The bad news, however, is that within minutes of this announcement, the spending lobbies and...
 
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...
 
State lawmakers are making efforts to free more money for highway construction and maintenance by paying for driver's education and state troopers out of General Fund revenues rather than depleting the state's highway funds.
State lawmakers are making efforts to free more money for highway construction and maintenance by paying for driver's education and state troopers out of General Fund revenues rather than depleting the state's highway funds.
 
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...
 
Most of us have jobs, and with those jobs come certain benefits, most noticeably health care and retirement benefits. The same is true for state employees.
Most of us have jobs, and with those jobs come certain benefits, most noticeably health care and retirement benefits. The same is true for state employees.
 
As the House and Senate work to fashion a compromise tax-reform bill, one of the sticking points is how much to cut North Carolina's corporate-income tax.
As the House and Senate work to fashion a compromise tax-reform bill, one of the sticking points is how much to cut North Carolina's corporate-income tax.
 
The North Carolina House has officially approved its tax-reform bill. It would create a 5.9 percent flat income tax -- replacing the current rates...
The North Carolina House has officially approved its tax-reform bill. It would create a 5.9 percent flat income tax -- replacing the current rates...
 

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