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37 Results found for revenue forecast

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The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current fiscal year ends on June 30
The North Carolina Senate released its biennium budget proposal this week as scheduled, with the expectation of meeting with the state House to establish a conference budget before the current fiscal year ends on June 30
 
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.)
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.)
 
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.
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.
 
Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
 
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium.
Yesterday the Fiscal Research Division of the North Carolina General Assembly and the Office of State Budget and Management released a revised revenue forecast for the Fiscal Year 2021-2023 biennium.
 
State revenue forecasts jump from $28.4 billion to $32.6 billion in fiscal year 2021-2022.
State revenue forecasts jump from $28.4 billion to $32.6 billion in fiscal year 2021-2022.
 
Updated forecast confirms historic opportunity to meet the needs of North Carolina communities and ensure a shared recovery from the pandemic
Updated forecast confirms historic opportunity to meet the needs of North Carolina communities and ensure a shared recovery from the pandemic
 
North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
 
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
 
Gov. Roy Cooper’s call for more money for schools while also indicating he would veto a bill that could send students back to school has many in the state scratching their heads.
Gov. Roy Cooper’s call for more money for schools while also indicating he would veto a bill that could send students back to school has many in the state scratching their heads.
 
Consensus revenue forecast shows revenues will exceed May 2020 projections by $4.1 billion
 
The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
 
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
 
North Carolina’s state government began its 2020-21 fiscal year with $1.5 billion in cash left over from last year plus another $1.8 billion in rainy-day funds and other earmarked reserves.
North Carolina’s state government began its 2020-21 fiscal year with $1.5 billion in cash left over from last year plus another $1.8 billion in rainy-day funds and other earmarked reserves.
 
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
 
Once again, Cal Cunningham has been exposed for saying one thing when his record says another.
 
Here’s a look at a few items which may not have attracted big headlines over the final 48 hours of a hectic week on Jones Street
Here’s a look at a few items which may not have attracted big headlines over the final 48 hours of a hectic week on Jones Street
 
Republican lawmakers are forcing their Democratic colleagues to choose between sustaining Gov. Roy Cooper’s budget veto or securing higher teacher pay raises.
Republican lawmakers are forcing their Democratic colleagues to choose between sustaining Gov. Roy Cooper’s budget veto or securing higher teacher pay raises.
 
A $470-million surge in April tax collections could push the state budget surplus to more than $700 million.
A $470-million surge in April tax collections could push the state budget surplus to more than $700 million.
 
Today ends the last "slow week" at the Legislature. Many of us attended services for Congressman Walter B. Jones, Jr. in Greenville, NC.
Today ends the last "slow week" at the Legislature. Many of us attended services for Congressman Walter B. Jones, Jr. in Greenville, NC.
 
North Carolina has collected less state revenue so far than projected for the 2017-18 fiscal year, to the tune of about $134 million
North Carolina has collected less state revenue so far than projected for the 2017-18 fiscal year, to the tune of about $134 million
 
North Carolina Republicans have gotten right what Republicans elsewhere have gotten very wrong: how to construct sensible tax cuts and honest, conservative budgets
North Carolina Republicans have gotten right what Republicans elsewhere have gotten very wrong: how to construct sensible tax cuts and honest, conservative budgets
 
North Carolina should end the budget year more than a half-billion dollars above revenue projections, and House and Senate Republican leadership swiftly credited their tax-cutting, and regulatory-relief policies for the positive budget news
North Carolina should end the budget year more than a half-billion dollars above revenue projections, and House and Senate Republican leadership swiftly credited their tax-cutting, and regulatory-relief policies for the positive budget news
 
Governor Pat McCrory applauded positive news that revealed revenues for the current year are projected to finish $330 million above initial budget projections.
Governor Pat McCrory applauded positive news that revealed revenues for the current year are projected to finish $330 million above initial budget projections.
 
Building on transformational reforms begun in 2011, North Carolina's elected leaders continued changes in 2015 to curtail spending, instill fiscal responsibility, rein in regulations, improve education, make government open and accountable, and create the best possible conditions for economic growth
Building on transformational reforms begun in 2011, North Carolina's elected leaders continued changes in 2015 to curtail spending, instill fiscal responsibility, rein in regulations, improve education, make government open and accountable, and create the best possible conditions for economic growth
 
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.
 
A little more than two years ago, North Carolina had an albatross strangling our economy.
A little more than two years ago, North Carolina had an albatross strangling our economy.
 
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
The news that state revenue collections are coming in at $400 million above projections could signal a cut in the corporate tax rate for next year.
 
A funny thing has happened on the way to North Carolina's great budget crisis of 2015. Well, strictly speaking, what happened is funny if you are on the Right side of the political spectrum. If you are a liberal activist or Democratic politician, the emotions you may be feeling right now are...
A funny thing has happened on the way to North Carolina's great budget crisis of 2015. Well, strictly speaking, what happened is funny if you are on the Right side of the political spectrum. If you are a liberal activist or Democratic politician, the emotions you may be feeling right now are...
 
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...
 
We don't know what the composition of the North Carolina General Assembly will look like after the November election. Republicans are favored to hold their majorities in both legislative chambers, to be sure, but their edge could shrink a lot, shrink a little, or stay roughly the same (a net increas
We don't know what the composition of the North Carolina General Assembly will look like after the November election. Republicans are favored to hold their majorities in both legislative chambers, to be sure, but their edge could shrink a lot, shrink a little, or stay roughly the same (a net increas
 
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...
 
North Carolina taxpayers would receive a tax relief refund when state revenues exceed 5 percent of budgeted amounts under a state constitutional amendment proposed by Rep. John Blust, R-Guilford.
North Carolina taxpayers would receive a tax relief refund when state revenues exceed 5 percent of budgeted amounts under a state constitutional amendment proposed by Rep. John Blust, R-Guilford.
 
More than 30 members of the North Carolina House of Representatives filed House Joint Resolution 126 last week asking Washington for a federal amendment to the U.S. Constitution to require a balanced budget. Forty-nine of our fifty states have some sort of balanced budget or debt limit...
More than 30 members of the North Carolina House of Representatives filed House Joint Resolution 126 last week asking Washington for a federal amendment to the U.S. Constitution to require a balanced budget. Forty-nine of our fifty states have some sort of balanced budget or debt limit...
 
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