State Still Collected $3 Billion in Surplus Revenue
Published: Thursday, October 19th, 2023 @ 10:10 am
By: John Locke Foundation
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California is projected to have a deficit after holding onto a budget surplus for the past several years.
Published: Monday, December 12th, 2022 @ 12:47 am
By: Daily Wire
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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.
Published: Tuesday, August 23rd, 2022 @ 1:42 pm
By: John Locke Foundation
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New budget in VA includes about $4 billion in tax relief
Published: Saturday, July 23rd, 2022 @ 6:45 am
By: Countrygirl1411
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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.
Published: Monday, May 30th, 2022 @ 6:00 pm
By: John Locke Foundation
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Recent op-eds and editorials from the News & Observer have lambasted the state legislature’s plan to use a budget surplus to cut taxes.
Published: Wednesday, July 7th, 2021 @ 7:38 pm
By: 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
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Berger said funds should be used for infrastructure, tax relief, state worker salaries, and expansion of school choice not massive, new government expenses.
Published: Friday, April 23rd, 2021 @ 2:26 am
By: Carolina Journal
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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.
Published: Wednesday, September 18th, 2019 @ 12:45 pm
By: Tom Campbell
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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
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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
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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
Published: Saturday, March 9th, 2019 @ 10:48 am
By: John Locke Foundation
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Iraq needs help in spending a Budget Surplus and our Congress knows how to do just that.
Published: Saturday, September 1st, 2018 @ 11:50 am
By: Alex J. Ortolano
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On most days and most roads, most drivers treat posted speed limits as the recommended speed
Published: Tuesday, May 15th, 2018 @ 7:13 am
By: John Locke Foundation
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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
Published: Wednesday, May 9th, 2018 @ 10:14 pm
By: John Locke Foundation
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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
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The House on Wednesday overwhelmingly approved a bill aimed at beefing up the state's rainy day fund
Published: Sunday, February 19th, 2017 @ 8:24 pm
By: John Locke Foundation
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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
Published: Tuesday, February 14th, 2017 @ 6:59 pm
By: John Locke Foundation
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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
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One of the great myths bought into by much of the general public, politicians, and media pundits is that trade deficits are bad for the economy
Published: Friday, February 10th, 2017 @ 7:39 pm
By: John Locke Foundation
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Here's the good news: North Carolina's state budget is solidly in the black
Published: Thursday, January 26th, 2017 @ 6:52 pm
By: John Locke Foundation
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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
Published: Friday, December 2nd, 2016 @ 7:10 pm
By: Civitas Insitute
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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
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The McCrory campaign today launched a new TV ad, "Economy," highlighting the progress made since 2013 to create jobs, lower taxes and turn budget deficits into surpluses.
Published: Tuesday, October 4th, 2016 @ 12:00 am
By: McCrory Communications
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The final numbers are in on North Carolina's budget surplus. They are informative. They ought to provoke significant debate and discussion. Instead, they have gotten virtually no media coverage or public comment
Published: Wednesday, September 7th, 2016 @ 10:56 pm
By: John Locke Foundation
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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
Published: Friday, July 15th, 2016 @ 10:18 am
By: McCrory Communications
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As of January 31, state government had collected $12.1 billion in General Fund revenue and expended $11.2 billion on education, Medicaid, and other state programs since the beginning of the 2015-16 fiscal year
Published: Sunday, April 17th, 2016 @ 3:49 am
By: John Locke Foundation
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Final revenue figures for the fiscal year ending on June 30 reveal that North Carolina has a $445 million revenue surplus.
Published: Tuesday, July 28th, 2015 @ 9:18 pm
By: McCrory Communications
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For the second straight fiscal year, the North Carolina Medicaid program ended the year with cash on hand.
Published: Sunday, July 5th, 2015 @ 8:24 am
By: Christopher Maye
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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
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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.
Published: Sunday, November 17th, 2013 @ 10:48 pm
By: John Locke Foundation
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It's that time of the year when government (cities, towns, school boards and the state) prepare their budgets (actually our budgets) to run government for the people.
Published: Sunday, May 19th, 2013 @ 9:57 am
By: Ken Lang
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