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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.)
Published: Saturday, March 11th, 2023 @ 11:00 am
By: Carolina Journal
Search Terms: carolina journal general assembly lawmaker house senate revenue osbm |
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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.
Published: Saturday, March 4th, 2023 @ 10:44 pm
By: Carolina Journal
Search Terms: carolina journal revenue forecast 2022 2023 north carolina |
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National Public Radio (NPR) announced Wednesday the network plans to cut the majority of vacant positions and slash around 10% of its current staff — approximately 100 employees — amid a “sharp decline” in advertisement revenues.
Published: Thursday, March 2nd, 2023 @ 3:00 am
By: Daily Wire
Search Terms: daily wire npr radio ad revenue decline layoff |
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Revenue opportunities resulting from hiring a gender clinic social worker
Published: Sunday, February 19th, 2023 @ 3:49 pm
By: Countrygirl1411
Search Terms: levine revenue child sex change |
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Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
Published: Saturday, February 18th, 2023 @ 8:45 am
By: Governor's Office
Search Terms: governor roy cooper forecast history revenue economy |
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The Internal Revenue Service released a proposed revenue procedure on Monday which would entail employers in the service industry voluntarily reporting their workers’ tips to the tax agency.
Published: Monday, February 13th, 2023 @ 8:32 pm
By: Daily Wire
Search Terms: daily wire irs internal revenue service proposed president joe biden middle class taxes |
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Southwest Airlines reported a $220 million loss in the fourth quarter and warned investors that fallout from the company’s holiday meltdown would continue.
Published: Saturday, February 4th, 2023 @ 1:45 pm
By: Daily Wire
Search Terms: daily wire southwest airlines plane loss revenue christmas |
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A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.
Published: Friday, January 27th, 2023 @ 10:52 pm
By: Daily Wire
Search Terms: daily wire internal revenue service irs middle class windfall |
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North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
Published: Saturday, December 31st, 2022 @ 7:54 am
By: John Locke Foundation
Search Terms: john locke john locke foundation revenue fiscal conservatism |
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A 17-state coalition seeking out gas tax alternatives is looking for volunteers in North Carolina to test mileage-based user fees (MBUF).
Published: Wednesday, July 20th, 2022 @ 12:09 am
By: John Locke Foundation
Search Terms: john locke john locke foundation coalition alternative transportation revenue |
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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
Search Terms: carolina journal economy revenue fiscal year |
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The Left insists government is better poised than you to spend more of your hard-earned money.
Published: Friday, January 14th, 2022 @ 9:13 am
By: John Locke Foundation
Search Terms: john locke john locke foundation government corporate income tax revenue |
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The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
Published: Wednesday, November 10th, 2021 @ 1:01 pm
By: Carolina Journal
Search Terms: nc department of revenue carolina journal |
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Updated forecast confirms historic opportunity to meet the needs of North Carolina communities and ensure a shared recovery from the pandemic
Published: Wednesday, June 23rd, 2021 @ 1:25 pm
By: Governor's Office
Search Terms: governor roy cooper revenue forecast surplus june 15 2021 |
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Recently, U.S. Senator Thom Tillis (R-NC) and 40 of his colleagues introduced legislation to prevent the Internal Revenue Service (IRS) from being used as a political weapon against American citizens.
Published: Tuesday, June 1st, 2021 @ 9:02 pm
By: Thom Tillis
Search Terms: thom tillis irs internal revenue service political weapon american citizens may 25 2021 |
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Everything that the UNC system and its constituent institutions do is dependent on a generous inflow of money.
Published: Wednesday, April 28th, 2021 @ 11:25 am
By: James G. Martin Center for Academic Renewal
Search Terms: james g. martin center did you know unc system revenue april 22 2021 |
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The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
Published: Saturday, February 13th, 2021 @ 10:13 am
By: Carolina Journal
Search Terms: carolina journal economists state budget tax revenue coronavirus covid-19 february 12 2021 |
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North Carolina’s tax and fee collections continued to improve from a year ago, according to the latest General Fund Monthly Report from the Office of the State Controller.
Published: Sunday, December 13th, 2020 @ 8:20 pm
By: John Locke Foundation
Search Terms: john locke foundation revenue picture taxes fee collections december 11 2020 |
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Tax collections for the six months from April through September continue to track closely with the same period a year ago
Published: Monday, October 19th, 2020 @ 10:21 am
By: John Locke Foundation
Search Terms: john locke foundation tax revenue on pace tax collections general fund monthly report october 12 2020 |
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The progressive left in North Carolina has for years attempted to paint a narrative that the conservative tax reforms over the last several years have starved state government of funding, and have left budgets “cut to the bone.”
Published: Saturday, September 19th, 2020 @ 8:30 am
By: Civitas Insitute
Search Terms: civitas tax reforms state revenue fact check september 15 2020 |
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The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21.
Published: Monday, September 14th, 2020 @ 4:38 pm
By: John Locke Foundation
Search Terms: john locke foundation revenue report income taxes september 10 2020 |
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North Carolina state revenues have taken a major hit since the Coronavirus outbreak began.
Published: Wednesday, June 17th, 2020 @ 3:40 am
By: John Locke Foundation
Search Terms: john locke foundation state spending cuts state revenues coronavirus covid-19 june 16 2020 |
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The North Carolina Office of State Controller just released its latest General Fund monthly financial report for April.
Published: Thursday, May 21st, 2020 @ 2:03 am
By: Civitas Insitute
Search Terms: civitas state revenues collapse governor roy cooper cut spending general fund may 20 2020 |
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North Carolina’s community colleges are struggling to avoid revenue shortfalls and payroll problems.
Published: Friday, April 24th, 2020 @ 2:14 am
By: Carolina Journal
Search Terms: carolina journal nc community colleges revenue shortfall coronavirus covid-19 april 21 2020 cvd19 |
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Tax revenues are falling for states and local governments across the country.
Published: Thursday, April 9th, 2020 @ 1:56 am
By: John Locke Foundation
Search Terms: john locke foundation tax revenues local governments state revenues april 3 2020 cvd19 |
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The General Assembly plans to return for a short session April 28, and will need to be ready to hit the ground running, said Speaker of the House Tim Moore, R-Cleveland.
Published: Friday, April 3rd, 2020 @ 6:26 am
By: Carolina Journal
Search Terms: carolina journal concerns revenue stream municipalities general assembly short session april 1 2020 |
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The North Carolina Association of Educators (NCAE) is the largest teacher’s union in North Carolina.
Published: Thursday, January 16th, 2020 @ 6:44 pm
By: Civitas Insitute
Search Terms: civitas ncae losing members revenue educators january 16 2020 |
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The dispute between solar energy finance companies and the state’s revenue department has reached court.
Published: Tuesday, October 1st, 2019 @ 9:19 am
By: Carolina Journal
Search Terms: carolina journal financing company revenue department solar farm tax credits september 30 2019 |
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A major solar energy financing company says the N.C. Department of Revenue may be breaking the law. The company has formally asked DOR to justify a regulation rejecting state tax credits the company’s clients have claimed.
Published: Wednesday, August 14th, 2019 @ 11:23 pm
By: Carolina Journal
Search Terms: carolina journal financing tax-credit revenue department august 8 2019 |
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Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
Published: Friday, August 9th, 2019 @ 2:14 pm
By: Carolina Journal
Search Terms: carolina journal governor roy cooper revenue department tax credits august 6 2019 |
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Advocates for higher taxes and spending were excited to see a new pool of economic activity from which to siphon money, but Gov. Roy Cooper's Department of Revenue (NCDOR) may have overstepped its authority in interpreting state law and a recent U.S. Supreme Court decision
Published: Saturday, September 29th, 2018 @ 3:25 am
By: John Locke Foundation
Search Terms: sales tax commerce department of revenue supreme court taxation north carolina |
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The state Department of Revenue is gearing up to assess sales taxes on more out-of-state online retailers who make sales to North Carolina residents. But it's unclear whether the department has the legal authority to do so, a former legislative leader says
Published: Tuesday, August 21st, 2018 @ 12:53 pm
By: John Locke Foundation
Search Terms: governor cooper tax collection online sales tax department of revenue |
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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
Published: Sunday, July 1st, 2018 @ 2:57 am
By: Civitas Insitute
Search Terms: general fund general assembly state revenue taxes |
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The U.S. Patent Office Takes A Long Time To Approve A Patent But It Is About To Add Slow To Long
Published: Thursday, June 21st, 2018 @ 10:31 am
By: Alex J. Ortolano
Search Terms: patents u.s. patent office funny humor increased federal revenue |
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$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
Published: Monday, March 26th, 2018 @ 11:07 am
By: Civitas Insitute
Search Terms: revenue surplus north carolina general assembly |
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The landmark Leandro case may be short one defendant if a Superior Court judge grants the State Board of Education's motion to withdraw from the case
Published: Tuesday, February 20th, 2018 @ 7:48 pm
By: John Locke Foundation
Search Terms: board of education leandro case rural school district tax revenue |
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Earlier in the week Under the Dome ran a piece by N&O reporter Will Doran where he relays Governor Cooper’s apprehension about having enough money for next year’s state budget
Published: Thursday, December 28th, 2017 @ 11:59 pm
By: Civitas Insitute
Search Terms: governor cooper budget north carolina revenue spending rainy day fund |
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High Point is closer to getting a professional baseball team
Published: Saturday, December 9th, 2017 @ 3:51 pm
By: John Locke Foundation
Search Terms: high point stadium bridgeport bluefish tax revenue economic development |