The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
Published: Wednesday, March 1st, 2023 @ 11:29 am
By: John Locke Foundation
|
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.
Published: Thursday, May 19th, 2022 @ 12:00 am
By: John Locke Foundation
|
The General Assembly’s nonpartisan Fiscal Research Division said the state collected nearly $900 million more than anticipated for the fiscal year which ended June 30.
Published: Tuesday, August 6th, 2019 @ 9:09 pm
By: Carolina Journal
|
A $470-million surge in April tax collections could push the state budget surplus to more than $700 million.
Published: Thursday, May 23rd, 2019 @ 9:58 pm
By: Carolina Journal
|
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Published: Wednesday, March 28th, 2018 @ 3:21 pm
By: John Locke Foundation
|
The Insider reported recently about a Fiscal Research Division analysis showing the Senate’s “Billion Dollar Middle Class Tax Cut” would lead to $600 million shortfalls in three of the next five years
Published: Monday, April 24th, 2017 @ 8:50 am
By: John Locke Foundation
|
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
|
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.
Published: Friday, October 21st, 2016 @ 2:57 am
By: McCrory Communications
|
The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
Published: Thursday, January 7th, 2016 @ 7:42 pm
By: John Locke Foundation
|
If I wanted to keep poor people poor, there are several government policies I would favor.
Published: Friday, January 3rd, 2014 @ 9:27 am
By: Civitas Insitute
|
Historically, North Carolina public school teachers earning a master's degree have received an automatic 10 percent salary increase. Now the Tar Heel State may have become the first in the nation to eliminate the reward for earning the additional credential.
Published: Thursday, October 10th, 2013 @ 11:16 pm
By: John Locke Foundation
|
When is a sales-tax increase not really a sales-tax increase? If you want to make sense of the contrasting claims about tax reform in North Carolina, this is one...
Published: Tuesday, June 11th, 2013 @ 2:24 pm
By: John Locke Foundation
|