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North Carolina General Assembly lawmakers from the House and Senate met Tuesday to dig into why the state has $3.25 billion in excess revenue for the 2022-23 biennium. The revenue forecast was released last week by the Fiscal Research Division and the Office of State Budget and Management (O.S.B.M.)
Published: Saturday, March 11th, 2023 @ 11:00 am
By: Carolina Journal
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North Carolina revenue forecasts have surpassed $33 billion annually, and the state will have roughly $3.25 billion in excess for Fiscal Year 2022-23, or 10.7% more than had been previously budgeted.
Published: Saturday, March 4th, 2023 @ 10:44 pm
By: Carolina Journal
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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.
Published: Tuesday, July 23rd, 2019 @ 9:49 pm
By: Carolina Journal
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For North Carolina counties, fiscal 2018 starts July 1, meaning counties have to pass and publish budgets
Published: Sunday, July 9th, 2017 @ 12:59 pm
By: John Locke Foundation
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North Carolina Republicans have gotten right what Republicans elsewhere have gotten very wrong: how to construct sensible tax cuts and honest, conservative budgets
Published: Sunday, June 11th, 2017 @ 6:22 pm
By: John Locke Foundation
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After an 80-day extension costing taxpayers well over $1 million, the North Carolina House and Senate chambers have finally reached a tentative budget agreement with a price tag of roughly $22 billion - a fiscally conservative budget considering that spending increased by only 3.1 percent which...
Published: Sunday, September 20th, 2015 @ 3:44 pm
By: John Locke Foundation
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The Department of Health and Human Services reported today that the North Carolina Medicaid program ended the 2014-15 state fiscal year with $130.7 million cash on hand. This is the second consecutive year the Medicaid program has finished with cash on hand.
Published: Tuesday, August 4th, 2015 @ 9:42 pm
By: McCrory Communications
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The state of North Carolina has begun its 2015-16 fiscal year with a continuing resolution instead of a budget. While it would certainly have been better if lawmakers and Gov. Pat McCrory had inked a formal budget by now, the situation could be much worse.
Published: Thursday, July 2nd, 2015 @ 5:48 pm
By: John Locke Foundation
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The North Carolina Senate this week unveiled its state budget spending for the upcoming FY 2015-16 fiscal year. The plan includes total spending of $21.47 billion, compared to $22.15 billion in the House budget plan.
Published: Sunday, June 21st, 2015 @ 3:23 am
By: Civitas Insitute
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By the middle of June, state Senate leaders have promised to pass a budget for the next two fiscal years, and they swear it will be a lot different from the one that got through the House just before Memorial Day - less spending, more saving, fewer deals for special interests, and (possibly) even mo
Published: Saturday, June 6th, 2015 @ 4:08 pm
By: John Locke Foundation
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Governor Pat McCrory announced today very positive news for the state of North Carolina, which includes an estimated revenue surplus of approximately $400 million dollars for the current fiscal year which ends June 30. Previous consensus budget forecasts predicted a revenue shortfall of...
Published: Thursday, May 7th, 2015 @ 11:15 am
By: Chris Downey
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Senator Thom Tillis takes action and relates it to his constituents through these press releases.
Published: Saturday, February 7th, 2015 @ 3:48 am
By: Stan Deatherage
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As often happens at the North Carolina General Assembly, the new fiscal year has begun with the House and Senate not yet finished with a budget-adjustment bill. Medicaid funding, teacher compensation, and a few other issues continue to divide the two chambers.
Published: Friday, July 4th, 2014 @ 11:16 am
By: John Locke Foundation
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House Speaker Thom Tillis and Gov. Pat McCrory had a big media event yesterday. They were touting the idea of separating education from the rest of the budget and passing the education part FIRST.
Published: Sunday, June 29th, 2014 @ 3:16 pm
By: Brant Clifton
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The North Carolina House released its budget plan for FY 2014-15, which would spend $21.09 billion. The total would be a 2.3 percent increase over the current fiscal year’s budget.
Published: Saturday, June 21st, 2014 @ 8:29 pm
By: Civitas Insitute
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North Carolina Gov. Pat McCrory yesterday unveiled his recommended budget adjustments for the 2014-15 fiscal year. The governor's plan would make changes to the second year of the two-year state budget plan passed last year.
Published: Monday, May 19th, 2014 @ 5:43 pm
By: Civitas Insitute
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Few state-level legislative sessions have garnered as much attention as North Carolina's did his year, as evidenced by the "Moral Monday" protests and a condescending New York Times editorial. For the first time since Reconstruction, Republicans controlled all branches of government, and...
Published: Tuesday, July 30th, 2013 @ 6:41 pm
By: John William Pope Center
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Governor Pat McCrory signed a $20.6 billion budget today that increases K-12 education funding, incorporates fiscally-responsible tax reform and lays the foundation for economic growth and job creation.
Published: Saturday, July 27th, 2013 @ 12:02 am
By: Stan Deatherage
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Nearly a month into the 2013-14 fiscal year, Gov. Pat McCrory is set to sign the state budget into law today.
Published: Friday, July 26th, 2013 @ 9:11 am
By: Civitas Insitute
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The mainstream media has been regaling us all day with stories about the $20.6 BILLION budget deal reached by the GOP majority in the North Carolina General Assembly. Yay! We've got a budget!
Published: Tuesday, July 23rd, 2013 @ 4:14 am
By: Brant Clifton
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"The tax reform plan will cut personal taxes and simplify taxes for every North Carolinian who works," said Civitas President Francis X.
Published: Wednesday, July 17th, 2013 @ 1:49 am
By: Brant Clifton
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Bill Cook: We have a good budget and the adjustments to our pervious budget are detailed below. If she vetoes this budget bill, we will try a veto override on Friday or maybe Monday. We have done it in the past and I think we can override her this time.
Published: Wednesday, June 27th, 2012 @ 7:36 am
By: Stan Deatherage
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The Senate and House completed work on the 2012-13 state budget on Thursday, June 21, by adopting the joint conference report that makes changes to the second year of the state's biennial budget.
Published: Tuesday, June 26th, 2012 @ 5:46 pm
By: Stan Deatherage
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