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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.)
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.
Published: Sunday, May 15th, 2022 @ 3:41 pm By: Carolina Journal
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
 
Consensus revenue forecast shows revenues will exceed May 2020 projections by $4.1 billion
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.
 
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.
 
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.
 
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
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...
 
In 2011 North Carolina lawmakers passed a two-year state budget which legislators are reviewing this year. The current budget has built in increases of roughly a quarter billion dollars for the second year, and decisions were made based on revenue forecasts at that time.
In 2011 North Carolina lawmakers passed a two-year state budget which legislators are reviewing this year. The current budget has built in increases of roughly a quarter billion dollars for the second year, and decisions were made based on revenue forecasts at that time.
 

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