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Results found for "new state budget"


Monday, June 30 marks the last day of the fiscal year, and state lawmakers have yet to pass a new budget.
Monday, June 30 marks the last day of the fiscal year, and state lawmakers have yet to pass a new budget.
 
A provision in North Carolina's new state budget could end two ongoing court fights over disability benefits.
A provision in North Carolina's new state budget could end two ongoing court fights over disability benefits.
 
All news accounts described the recently passed state budget as spending $30 billion
All news accounts described the recently passed state budget as spending $30 billion
 
The wait is finally over. North Carolina has a solidified new state budget, and it includes a major victory for families across the state.
The wait is finally over. North Carolina has a solidified new state budget, and it includes a major victory for families across the state.
 
The old aphorism was never truer, “laws are like sausages. It’s best not to see them being made.” The big news this week has been the state budget and why, almost three months late, it hasn’t passed.
Published: Monday, October 9th, 2023 @ 1:39 pm By: Tom Campbell
The old aphorism was never truer, “laws are like sausages. It’s best not to see them being made.” The big news this week has been the state budget and why, almost three months late, it hasn’t passed.
 
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.
 
State Budget Director Charlie Perusse to retire, Chief Deputy Kristin Walker to head OSBM
State Budget Director Charlie Perusse to retire, Chief Deputy Kristin Walker to head OSBM
 
Over the last week, the News & Observer and EdNC published articles about a modification to the principal compensation system included in this year’s state budget.
Over the last week, the News & Observer and EdNC published articles about a modification to the principal compensation system included in this year’s state budget.
 
At the center of the debate surrounding the new state budget, public school advocates claim it falls hundreds of millions of dollars short of a court-ordered mandate to increase funding to improve public education.
At the center of the debate surrounding the new state budget, public school advocates claim it falls hundreds of millions of dollars short of a court-ordered mandate to increase funding to improve public education.
 
State officials report that close to $800 million remains unfunded from a judge’s $1.7 billion state education spending order. That assessment resulted from a court-ordered comparison of the spending plan and the new state budget.
State officials report that close to $800 million remains unfunded from a judge’s $1.7 billion state education spending order. That assessment resulted from a court-ordered comparison of the spending plan and the new state budget.
 
The N.C. Supreme Court has agreed to jump back into the state’s long-running school funding legal dispute. The court wants a trial judge to assess the impact of the new state budget on a $1.7 billion order for additional state education spending.
The N.C. Supreme Court has agreed to jump back into the state’s long-running school funding legal dispute. The court wants a trial judge to assess the impact of the new state budget on a $1.7 billion order for additional state education spending.
 
New study shows state budgets getting slammed by Medicaid costs
Published: Sunday, February 27th, 2022 @ 6:07 pm By: John Steed
New study shows state budgets getting slammed by Medicaid costs
 
The new state budget provides an increase of 1.3 percent for each step of the salary schedule. In addition to several bonuses the budget also gives teachers an average 5 percent pay raise over two years.
The new state budget provides an increase of 1.3 percent for each step of the salary schedule. In addition to several bonuses the budget also gives teachers an average 5 percent pay raise over two years.
 
Tucked into the new state budget are billions of dollars from Washington for Covid relief. The American Rescue Plan Act, for example, sent $5.4 billion to the state.
Tucked into the new state budget are billions of dollars from Washington for Covid relief. The American Rescue Plan Act, for example, sent $5.4 billion to the state.
 
A state senator is drawing attention to the new N.C. state budget’s measures to fight human trafficking.
A state senator is drawing attention to the new N.C. state budget’s measures to fight human trafficking.
 
North Carolina lawmakers included a new $100 million fund in the state budget to increase teacher pay supplements in low-wealth counties that are unable to match higher salaries in wealthier counties.
North Carolina lawmakers included a new $100 million fund in the state budget to increase teacher pay supplements in low-wealth counties that are unable to match higher salaries in wealthier counties.
 
The last puzzle pieces of a new budget are finally coming together, as both the House and the Senate passed the $25.9 billion budget for the biennium. It is now headed to Gov. Roy Cooper, who announced earlier this week that he intends to sign it.
The last puzzle pieces of a new budget are finally coming together, as both the House and the Senate passed the $25.9 billion budget for the biennium. It is now headed to Gov. Roy Cooper, who announced earlier this week that he intends to sign it.
 
Recent op-eds and editorials from the News & Observer have lambasted the state legislature’s plan to use a budget surplus to cut taxes.
Recent op-eds and editorials from the News & Observer have lambasted the state legislature’s plan to use a budget surplus to cut taxes.
 
Since the beginning of the COVID-19 recession in March, North Carolina policymakers have been watching government revenues and expenditures carefully.
Since the beginning of the COVID-19 recession in March, North Carolina policymakers have been watching government revenues and expenditures carefully.
 
The General Assembly is going home without raising teacher pay and without passing a full budget.
The General Assembly is going home without raising teacher pay and without passing a full budget.
 
The New York Post reports this week that the state of New York is facing a massive budget hole of roughly $6 billion.
The New York Post reports this week that the state of New York is facing a massive budget hole of roughly $6 billion.
 
Republican leaders have snuck controversial language from the vetoed state budget into a must-pass bill to fund disaster recovery.
Republican leaders have snuck controversial language from the vetoed state budget into a must-pass bill to fund disaster recovery.
 
On Wednesday, Governor Cooper announced that the Small Business Administration (SBA) had granted the Governor’s request for a disaster declaration for Carteret, Dare, Hyde and New Hanover and 10 other counties.
On Wednesday, Governor Cooper announced that the Small Business Administration (SBA) had granted the Governor’s request for a disaster declaration for Carteret, Dare, Hyde and New Hanover and 10 other counties.
 
Because Democratic Gov. Roy Cooper and the Republican-led North Carolina General Assembly have remained deadlocked for weeks over passage of a new state budget, you might think nothing much of consequence is happening in Raleigh.
Because Democratic Gov. Roy Cooper and the Republican-led North Carolina General Assembly have remained deadlocked for weeks over passage of a new state budget, you might think nothing much of consequence is happening in Raleigh.
 
A bill allowing federal funds to continue flowing to North Carolina hasn’t earned Gov. Roy Cooper’s signature yet, but one political analyst said it would be wise for the governor to let it become law.
A bill allowing federal funds to continue flowing to North Carolina hasn’t earned Gov. Roy Cooper’s signature yet, but one political analyst said it would be wise for the governor to let it become law.
 
We are more than three weeks into the new fiscal year and the state is still without a budget thanks to Governor Roy Cooper’s Medicaid expansion-or-nothing ultimatum.
Published: Friday, July 26th, 2019 @ 1:03 pm By: Stan Deatherage
We are more than three weeks into the new fiscal year and the state is still without a budget thanks to Governor Roy Cooper’s Medicaid expansion-or-nothing ultimatum.
 
North Carolina’s state government entered its 2019-20 fiscal year on July 1 without a new state budget in place. Democratic Gov. Roy Cooper and the Republican-led legislature haven’t agreed to one, yet.
North Carolina’s state government entered its 2019-20 fiscal year on July 1 without a new state budget in place. Democratic Gov. Roy Cooper and the Republican-led legislature haven’t agreed to one, yet.
 
It has been fourteen days since Governor Roy Cooper and Democratic leaders offered a reasonable, balanced compromise to move forward with a new state budget and Republican leaders have still not returned a counteroffer.
It has been fourteen days since Governor Roy Cooper and Democratic leaders offered a reasonable, balanced compromise to move forward with a new state budget and Republican leaders have still not returned a counteroffer.
 
Gov. Roy Cooper says he won’t sign a new state budget unless the North Carolina General Assembly says yes to Medicaid expansion. The Republican-majority legislature has said no to Medicaid expansion. So far, now weeks into the new fiscal year, neither side has budged.
Gov. Roy Cooper says he won’t sign a new state budget unless the North Carolina General Assembly says yes to Medicaid expansion. The Republican-majority legislature has said no to Medicaid expansion. So far, now weeks into the new fiscal year, neither side has budged.
 
The proposed new state budget would not expand the state’s overall film grant program this year
The proposed new state budget would not expand the state’s overall film grant program this year
 
At a Monday news conference, Democratic Gov. Roy Cooper announced he would veto the state budget
At a Monday news conference, Democratic Gov. Roy Cooper announced he would veto the state budget
 
Here's the good news: North Carolina's state budget is solidly in the black
Here's the good news: North Carolina's state budget is solidly in the black
 
Teachers across North Carolina applauded Governor McCrory for signing a new state budget that raises average teacher pay to over $50,000 plus benefits
Teachers across North Carolina applauded Governor McCrory for signing a new state budget that raises average teacher pay to over $50,000 plus benefits
 
Those who watch state government have had plenty to talk about since the General Assembly passed the state's new $21.7 billion state budget. Since education is the single largest item in the state budget, here are three things you probably didn't hear about education spending.
Those who watch state government have had plenty to talk about since the General Assembly passed the state's new $21.7 billion state budget. Since education is the single largest item in the state budget, here are three things you probably didn't hear about education spending.
 
An interesting item suddenly appeared this week in the N.C. Senate farm bill. This item made its appearance a few short days after the new state budget was finally approved. Among other things, the new budget ended North Carolina's longtime, exceedingly generous 35 percent investment tax credit...
An interesting item suddenly appeared this week in the N.C. Senate farm bill. This item made its appearance a few short days after the new state budget was finally approved. Among other things, the new budget ended North Carolina's longtime, exceedingly generous 35 percent investment tax credit...
 
If you thought North Carolina was alone when it came to tardy budgets, think again. North Carolina joined Alabama and New Hampshire in passing budgets late last week. Now there are only two states left in the country without budgets, Illinois and Pennsylvania.
If you thought North Carolina was alone when it came to tardy budgets, think again. North Carolina joined Alabama and New Hampshire in passing budgets late last week. Now there are only two states left in the country without budgets, Illinois and Pennsylvania.
 
For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
 
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 House and Senate negotiate the details of a new state budget, one of their biggest disagreements will be about taxes.
As the House and Senate negotiate the details of a new state budget, one of their biggest disagreements will be about taxes.
 
Few are surprised our legislature came up to the deadline to pass a new state budget and was forced to pass a continuing resolution. It’s a regular occurrence.
Published: Sunday, July 5th, 2015 @ 9:44 am By: Tom Campbell
Few are surprised our legislature came up to the deadline to pass a new state budget and was forced to pass a continuing resolution. It’s a regular occurrence.
 
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...
 

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