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74 Results found for revenue surplus

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Democrat Gov. Roy Cooper unveiled what he called his “First in Opportunity” budget at a press conference Wednesday, proposing to spend $32.95 billion in the first year of the biennium and $34.23 billion in the second year.
Democrat Gov. Roy Cooper unveiled what he called his “First in Opportunity” budget at a press conference Wednesday, proposing to spend $32.95 billion in the first year of the biennium and $34.23 billion in the second year.
 
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th.
The Office of the State Controller this week released its General Fund Monthly Financial Report for the 2021-2022 fiscal year that ended June 30th.
 
After 10 months of steady decreases, North Carolina’s unemployment rate remained unchanged in May from April’s 3.4% rate, according to the latest release from the North Carolina Department of Commerce.
After 10 months of steady decreases, North Carolina’s unemployment rate remained unchanged in May from April’s 3.4% rate, according to the latest release from the North Carolina Department of Commerce.
 
Instead, Honor Taxpayers and Emphasize Long-Term Sustainability
 
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.
 
“Set some money aside for a rainy day.” That’s financial advice anyone discussing finances worth their salt would include.
“Set some money aside for a rainy day.” That’s financial advice anyone discussing finances worth their salt would include.
 
The N.C. prison system, comprising 55 facilities and employing roughly 16,000 staff, is one of the largest agencies in the state. That might surprise some, as prisons, from the real estate they occupy, to the critical role they play in governance, are not foremost in our minds when it comes to polic
The N.C. prison system, comprising 55 facilities and employing roughly 16,000 staff, is one of the largest agencies in the state. That might surprise some, as prisons, from the real estate they occupy, to the critical role they play in governance, are not foremost in our minds when it comes to polic
 
N.C. House Speaker Tim Moore, R-Cleveland, was joined by House budget chairs Monday, Aug. 9, for a news conference outlining the chamber’s biennial proposal.
N.C. House Speaker Tim Moore, R-Cleveland, was joined by House budget chairs Monday, Aug. 9, for a news conference outlining the chamber’s biennial proposal.
 
NCACC Weekly Update — June 18
 
As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
 
A recent poll commissioned by Raleigh news station WRAL has some serious flaws – but that’s not stopping the media and left-leaning groups from promoting the results as gospel truth.
A recent poll commissioned by Raleigh news station WRAL has some serious flaws – but that’s not stopping the media and left-leaning groups from promoting the results as gospel truth.
 
The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
The N&O this weekend published an editorial declaring that North Carolina’s corporate income tax cuts are “not working.”
 
After 1,717 bills, nine vetoes and 186 new laws with the prospect of even more over the next few days, the legislature finally adjourned and ended one of the longest legislative sessions in recent history.
After 1,717 bills, nine vetoes and 186 new laws with the prospect of even more over the next few days, the legislature finally adjourned and ended one of the longest legislative sessions in recent history.
 
Gov. Roy Cooper insists that Medicaid expansion be part of North Carolina’s budget deal for 2019-20. Republican leaders of the legislature disagree.
Gov. Roy Cooper insists that Medicaid expansion be part of North Carolina’s budget deal for 2019-20. Republican leaders of the legislature disagree.
 
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.
 
Only four House Democrats refused to sign a letter pledging to uphold Gov. Roy Cooper's budget veto.
Only four House Democrats refused to sign a letter pledging to uphold Gov. Roy Cooper's budget veto.
 
Although the North Carolina House has approved its version of a biennial budget, there’s a lot that North Carolinians can’t yet know about how much will be spent, and on what, over the next two years.
Although the North Carolina House has approved its version of a biennial budget, there’s a lot that North Carolinians can’t yet know about how much will be spent, and on what, over the next two years.
 
The Senate passed Senate Bill 622 Thursday, May 16, and Republicans project it will reduce individual and corporate taxes by $800 million over the next five years.
The Senate passed Senate Bill 622 Thursday, May 16, and Republicans project it will reduce individual and corporate taxes by $800 million over the next five years.
 
Republican legislative leaders have reached agreement on a 2019-20 General Fund budget cap of slightly more than $24 billion, shaving about $500 million from Democratic Gov. Roy Cooper’s proposed spending plan
Republican legislative leaders have reached agreement on a 2019-20 General Fund budget cap of slightly more than $24 billion, shaving about $500 million from Democratic Gov. Roy Cooper’s proposed spending plan
 
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
 
If we learned one thing during the devastation and recovery from Hurricanes Florence and Michael, it’s that setting aside more than $2 billion in savings for a rainy day was a very good idea
If we learned one thing during the devastation and recovery from Hurricanes Florence and Michael, it’s that setting aside more than $2 billion in savings for a rainy day was a very good idea
 
Starting in 2011, North Carolina lawmakers have implemented transformational changes resulting in a strong and growing economy
Starting in 2011, North Carolina lawmakers have implemented transformational changes resulting in a strong and growing economy
 
The $23.9 billion state General Fund budget proposal reduces personal and corporate income taxes and increases education spending by nearly $700 million
The $23.9 billion state General Fund budget proposal reduces personal and corporate income taxes and increases education spending by nearly $700 million
 
Republican legislative leaders’ decision to hold secretive budget deliberations was bad politics, and could further motivate angry Democrats to flood the voting booth this fall, political observers say
Republican legislative leaders’ decision to hold secretive budget deliberations was bad politics, and could further motivate angry Democrats to flood the voting booth this fall, political observers say
 
Five years ago, Senate Republicans made a promise to dramatically raise teacher pay in North Carolina. We've kept that promise. Moreover, the numbers speak for themselves
Five years ago, Senate Republicans made a promise to dramatically raise teacher pay in North Carolina. We've kept that promise. Moreover, the numbers speak for themselves
 
Legislative leaders removed some of the guesswork for the legislative short session starting May 16 by announcing they agreed to a $23.917 billion spending plan for the 2018-19 state budget
Legislative leaders removed some of the guesswork for the legislative short session starting May 16 by announcing they agreed to a $23.917 billion spending plan for the 2018-19 state budget
 
The N.C. General Assembly is scheduled to return for the 2018 short legislative session on Wednesday, May 16
The N.C. General Assembly is scheduled to return for the 2018 short legislative session on Wednesday, May 16
 
Over the past two weeks, government budget agencies have delivered two key reports to North Carolina taxpayers. One should infuriate them. The other should please them
Over the past two weeks, government budget agencies have delivered two key reports to North Carolina taxpayers. One should infuriate them. The other should please them
 
$265.8 million; remember that number. That's North Carolina's projected revenue surplus, according to the Fiscal Research Division (FRD) of the North Carolina General Assembly
$265.8 million; remember that number. That's North Carolina's projected revenue surplus, according to the Fiscal Research Division (FRD) of the North Carolina General Assembly
 
The 2017 legislative long session is over. Kind of. In the wee hours of June 30, on the eve of the new fiscal year, the General Assembly adjourned, only to schedule encore sessions in August and September
The 2017 legislative long session is over. Kind of. In the wee hours of June 30, on the eve of the new fiscal year, the General Assembly adjourned, only to schedule encore sessions in August and September
 
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