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Results found for "state surplus"


State Still Collected $3 Billion in Surplus Revenue
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.
 
Proposal would use $1.3 billion or 20% out of the anticipated $4.2 billion of this year’s state surplus.
Proposal would use $1.3 billion or 20% out of the anticipated $4.2 billion of this year’s state surplus.
 
With state revenue for the current fiscal year now projected to be $4.2 billion higher than originally predicted, state budget writers are sitting on a sizeable stack of funds.
With state revenue for the current fiscal year now projected to be $4.2 billion higher than originally predicted, state budget writers are sitting on a sizeable stack of funds.
 
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.
 
Today, Governor Roy Cooper signed Executive Order No. 122 to help schools and local governments access state surplus property to help bridge gaps during the response to COVID-19.
Today, Governor Roy Cooper signed Executive Order No. 122 to help schools and local governments access state surplus property to help bridge gaps during the response to COVID-19.
 
At almost the same moment our state was boasting of a $900 million cash surplus, one important sector of state government was encountering serious shortfalls.
At almost the same moment our state was boasting of a $900 million cash surplus, one important sector of state government was encountering serious shortfalls.
 
In a year when our state is stashing more than $700 million into surplus funds, the recent state budget appears to target the Department of Health and Human Services for punishment.
Published: Friday, July 12th, 2019 @ 11:24 pm By: Tom Campbell
In a year when our state is stashing more than $700 million into surplus funds, the recent state budget appears to target the Department of Health and Human Services for punishment.
 
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.
 
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
 
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
 
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
 
Despite the threats from outside sources, this past week, the General Assembly's Fiscal Research Division and the Office of State Budget and Management released a report that North Carolina is expected to have a half billion dollar surplus this year
Published: Sunday, February 12th, 2017 @ 9:17 pm By: Bill Cook
Despite the threats from outside sources, this past week, the General Assembly's Fiscal Research Division and the Office of State Budget and Management released a report that North Carolina is expected to have a half billion dollar surplus this year
 
North Carolina's office of state controller reported a General Fund surplus of nearly $1 billion in its final report on the 2015-16 fiscal year
North Carolina's office of state controller reported a General Fund surplus of nearly $1 billion in its final report on the 2015-16 fiscal year
 
After closing the fiscal year that ended June 30 with a $425 million revenue surplus, the first quarter of the new fiscal year has yielded a surplus of $191 million
After closing the fiscal year that ended June 30 with a $425 million revenue surplus, the first quarter of the new fiscal year has yielded a surplus of $191 million
 
In another encouraging sign for North Carolina's economy, Governor Pat McCrory announced today that for the third time this year, the State Budget Office has revised revenue figures upward above May projections by $95 million
In another encouraging sign for North Carolina's economy, Governor Pat McCrory announced today that for the third time this year, the State Budget Office has revised revenue figures upward above May projections by $95 million
 
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...
 
For those of us who follow state government, the budget is always a topic of conversation. Where will money be spent? How much will be spent on various agencies? Will there be a surplus or deficit? The list goes on and on, but one question that doesn't come up very often is: How is the budget...
For those of us who follow state government, the budget is always a topic of conversation. Where will money be spent? How much will be spent on various agencies? Will there be a surplus or deficit? The list goes on and on, but one question that doesn't come up very often is: How is the budget...
 
For those of us who follow state government, the budget is always a topic of conversation. Where will the money be spent? How much will be spent on the various agencies? Will there be a surplus or a deficit? The list goes on and on, but one question that doesn't come up very often is, how is...
For those of us who follow state government, the budget is always a topic of conversation. Where will the money be spent? How much will be spent on the various agencies? Will there be a surplus or a deficit? The list goes on and on, but one question that doesn't come up very often is, how is...
 
North Carolina state budget writers would have more flexibility to fund teacher pay raises, address Medicaid cost overruns, create jobs, and generate a surplus, if they adopt a budget technique identified in a new John Locke Foundation Spotlight report.
North Carolina state budget writers would have more flexibility to fund teacher pay raises, address Medicaid cost overruns, create jobs, and generate a surplus, if they adopt a budget technique identified in a new John Locke Foundation Spotlight report.
 
A new report from State Auditor Beth Wood says that the State Surplus Property office likely isn't getting all the revenue it could for taxpayers because of its bidding process, and suggests that the office move to an online bidding process similar to eBay.
A new report from State Auditor Beth Wood says that the State Surplus Property office likely isn't getting all the revenue it could for taxpayers because of its bidding process, and suggests that the office move to an online bidding process similar to eBay.
 

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