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This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
 
As of November, North Carolinaís 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 Carolinaís 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.
 
Tax collections for the six months from April through September continue to track closely with the same period a year ago
Tax collections for the six months from April through September continue to track closely with the same period a year ago
 
The North Carolina Office of State Controller just released its latest General Fund monthly financial report for April.
The North Carolina Office of State Controller just released its latest General Fund monthly financial report for April.
 
The N.C. Senate passed a $24 billion General Fund spending plan without debate. The House took nearly an hour Thursday, June 27, before following suit and approving the 2019-21 compromise proposal, House Bill 966.
The N.C. Senate passed a $24 billion General Fund spending plan without debate. The House took nearly an hour Thursday, June 27, before following suit and approving the 2019-21 compromise proposal, House Bill 966.
 
A week ago, the state Senate passed its version of a $23.9 billion General Fund budget for the next fiscal year. The Senate and House still must resolve their differences in a conference report, pass it, and send it to Gov. Roy Cooper.
A week ago, the state Senate passed its version of a $23.9 billion General Fund budget for the next fiscal year. The Senate and House still must resolve their differences in a conference report, pass it, and send it to Gov. Roy Cooper.
 
After a week of subcommittee meetings, full appropriation consideration, input from the finance side, two rare Friday sessions, and two full days of debate, on Friday, May 3, the House passed its $23.9 billion General Fund budget proposal.
After a week of subcommittee meetings, full appropriation consideration, input from the finance side, two rare Friday sessions, and two full days of debate, on Friday, May 3, the House passed its $23.9 billion General Fund budget proposal.
 
The Senateís Republican leader and top budget writer said Wednesday, May 8, he hopes that chamberís work on the General Fund budget will be done by the end of May. The House passed a $23.9-billion plan last week.
The Senateís Republican leader and top budget writer said Wednesday, May 8, he hopes that chamberís work on the General Fund budget will be done by the end of May. The House passed a $23.9-billion plan last week.
 
After more than two hours of debate, the N.C. House Friday afternoon passed a $24.5 billion General Fund budget by a 61-51 party-line vote.
After more than two hours of debate, the N.C. House Friday afternoon passed a $24.5 billion General Fund budget by a 61-51 party-line vote.
 
The House passed its $24.5 billion General Fund budget for 2019-20 by a 61-54 margin Thursday, May 2, after spending three hours wrestling with 34 amendments.
The House passed its $24.5 billion General Fund budget for 2019-20 by a 61-54 margin Thursday, May 2, after spending three hours wrestling with 34 amendments.
 
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 Cooperís 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 Cooperís proposed spending plan
 
In his proposed budget released on Wednesday, Gov. Roy Cooper has provided the tax and spending details for his vision of a North Carolina determined to spend a lot more on state government
In his proposed budget released on Wednesday, Gov. Roy Cooper has provided the tax and spending details for his vision of a North Carolina determined to spend a lot more on state government
 
Gov. Roy Cooper proposed a $25.2 billion General Fund budget for 2019-20 that would increase spending by more than $1.3 billion over the current fiscal year
Gov. Roy Cooper proposed a $25.2 billion General Fund budget for 2019-20 that would increase spending by more than $1.3 billion over the current fiscal year
 
The 2019-20 General Assembly session is well under way. Bills are being filed and committees are meeting, but the attention will soon fall on the biennial budget, which the governor introduced this week and included new and expanded spending, including a 9.1 percent raise for teachers
The 2019-20 General Assembly session is well under way. Bills are being filed and committees are meeting, but the attention will soon fall on the biennial budget, which the governor introduced this week and included new and expanded spending, including a 9.1 percent raise for teachers
 
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
Rob Christensen, the venerable political reporter for the News & Observer, offers a future vision of North Carolina as Illinois, with out-of-control spending leading to failing government and bad credit
 
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
 
One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
 
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 Senate delivered swiftly on a leadership pledge to kill Gov. Roy Cooperís veto of the 2018-19 General Fund budget, voting 34-13 to override Thursday, June 7
The Senate delivered swiftly on a leadership pledge to kill Gov. Roy Cooperís veto of the 2018-19 General Fund budget, voting 34-13 to override Thursday, June 7
 
While most state government watchers were focused on a last-minute legislation at the General Assembly, some good news came out of the Office of the State Controller
While most state government watchers were focused on a last-minute legislation at the General Assembly, some good news came out of the Office of the State Controller
 
Hereís a simple illustration of the urban/rural population divide in North Carolina: The stateís two most-populous counties ó Wake and Mecklenburg ó are home to about as many people as the total number of residents in the 18 smallest counties
Hereís a simple illustration of the urban/rural population divide in North Carolina: The stateís two most-populous counties ó Wake and Mecklenburg ó are home to about as many people as the total number of residents in the 18 smallest counties
 
Gov. Roy Cooper vetoed the $23.9 billion General Fund budget for 2018-19, warning Republicans that voters in Novemberís general election will reject GOP candidates and their policies
Gov. Roy Cooper vetoed the $23.9 billion General Fund budget for 2018-19, warning Republicans that voters in Novemberís general election will reject GOP candidates and their policies
 
Large majorities of North Carolina voters support enshrining additional rights and responsibilities in the state constitution in the latest polling by the Civitas Institute
Large majorities of North Carolina voters support enshrining additional rights and responsibilities in the state constitution in the latest polling by the Civitas Institute
 
The recent announcement by leaders in the North Carolina General Assembly that changes to the current two-year budget will be settled in a conference report, and not through the regular appropriations committee process has drawn a lot of ire
The recent announcement by leaders in the North Carolina General Assembly that changes to the current two-year budget will be settled in a conference report, and not through the regular appropriations committee process has drawn a lot of ire
 
The recent legislative adjustments to North Carolina's 2018-19 state General Fund budget produced two main political controversies that we'll hear more about as we move through the campaign season to the November midterms
The recent legislative adjustments to North Carolina's 2018-19 state General Fund budget produced two main political controversies that we'll hear more about as we move through the campaign season to the November midterms
 
The state budget for FY 2018-19 contains nearly 170 line items totaling $30 million that are highly inappropriate or outright pork
The state budget for FY 2018-19 contains nearly 170 line items totaling $30 million that are highly inappropriate or outright pork
 
Debate was more civil, but the outcome was the same. House Republicans followed the Senate's lead, voting 66-44 to pass a $23.9 billion General Fund budget, and sent it to Gov. Roy Cooper over Democrats' objections
Debate was more civil, but the outcome was the same. House Republicans followed the Senate's lead, voting 66-44 to pass a $23.9 billion General Fund budget, and sent it to Gov. Roy Cooper over Democrats' objections
 
The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
 
North Carolina legislative leaders released their agreed-upon budget proposal Monday, with votes expected to take place this week
North Carolina legislative leaders released their agreed-upon budget proposal Monday, with votes expected to take place this week
 
North Carolina Democrats have never opposed lowering taxes on big business. You may hear a lot of rhetoric to the contrary during the election cycle. Here's why, to borrow a phrase, you should take that rhetoric seriously but not literally
North Carolina Democrats have never opposed lowering taxes on big business. You may hear a lot of rhetoric to the contrary during the election cycle. Here's why, to borrow a phrase, you should take that rhetoric seriously but not literally
 
After a brief debate, the state Senate on Wednesday passed the 2018-19 General Fund budget largely along party lines, 36-14
After a brief debate, the state Senate on Wednesday passed the 2018-19 General Fund budget largely along party lines, 36-14
 
The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
 
If money talks, then the state budget has a lot to say about education, health care, and public safety in North Carolina
If money talks, then the state budget has a lot to say about education, health care, and public safety in North Carolina
 
Last June, the N.C. General Assembly passed the Juvenile Justice Reinvestment Act which raised the age of juvenile jurisdiction in North Carolina to include 16- and 17-year-olds
Last June, the N.C. General Assembly passed the Juvenile Justice Reinvestment Act which raised the age of juvenile jurisdiction in North Carolina to include 16- and 17-year-olds
 
Discussions around the revised 2018-19 budget have often focused on K-12 education spending
Discussions around the revised 2018-19 budget have often focused on K-12 education spending
 
The North Carolina Senate passed a $23.9 billion balanced budget adjustment with bipartisan support yesterday, Thursday, May 31, 2018
The North Carolina Senate passed a $23.9 billion balanced budget adjustment with bipartisan support yesterday, Thursday, May 31, 2018
 
Today, Ford Porter, spokesman for Governor Roy Cooper, shared the following comment after the legislature passed a budget without any amendments being allowed from members. The Governor will be reviewing the budget in the coming days
Today, Ford Porter, spokesman for Governor Roy Cooper, shared the following comment after the legislature passed a budget without any amendments being allowed from members. The Governor will be reviewing the budget in the coming days
 
The proposed new state budget would not expand the stateís overall film grant program this year
The proposed new state budget would not expand the stateís overall film grant program this year
 
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 leadersí 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 leadersí 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
 
The spending total in his proposal comes to $24.54 billion, $500 million more than the $23.9 billion spending target recently agreed upon by the legislature.
The spending total in his proposal comes to $24.54 billion, $500 million more than the $23.9 billion spending target recently agreed upon by the legislature.
 
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