Displaying items by tag: budget

RALEIGH — The General Assembly may allocate hundreds of millions in federal relief toward closing the digital divide this session, but policy experts says lawmakers still need to reduce regulations to further help the expansion of broadband infrastructure.

Published in Local News

RALEIGH — The N.C. Senate voted Thursday to pass the body’s state budget plan by a vote of 32-18, with four Democrats joining all Republicans in supporting the plan. Sens. Ben Clark, D-Cumberland, Kirk DeViere, D-Cumberland, Paul Lowe, D-Forsyth, and Don Davis, D-Greene, supported the Senate budget.

Published in Local News

RALEIGH — Ushered in, not by law, but by lawsuit settlement, North Carolina’s COVID-related changes to voting rules in 2020 are viewed as either a fix or a failure. Republican state senators are of the latter opinion, as evidenced by their inclusion of language prohibiting such “collusive settlements” by the attorney general in Senate Bill 105, slated for a final vote on the Senate floor Friday morning.

Published in Local News

RALEIGH — North Carolina has collected more than $6 billion in state taxes than was originally forecast in May 2020 by state economists. That’s the finding of a report presented to members of the Joint Full Chairs Appropriations Finance Committee by the nonpartisan Fiscal Research Division at the General Assembly and the Office of State Budget and Management.

Published in Local News

RALEIGH — With the end of the state’s fiscal year just three weeks away, the N.C. House and Senate have reached a deal for the next budget. After weeks of closed negotiations, N.C. Senate and House leaders have agreed to a top-line spending number of $25.7 billion in the first year and $26.7 in the second year. That’s a spending increase of 3.45% in the first year of the biennium and 3.65% in year two.

Published in Local News

ROCKINGHAM — The Richmond County Board of Commissioners on Tuesday approved the budget for the upcoming fiscal year — despite a nay from the vice chairman.

Published in Local News
Tagged under

RALEIGH — With one month to go before the end of the fiscal year, at the General Assembly lawmakers are hammering out how to budget more than $25 billion in the next state spending plan. Republican leaders in the House and Senate have already agreed to spend significantly less than budget priorities submitted by Gov. Roy Cooper in March.

Published in Local News
Tagged under

RALEIGH — Personal income tax rates would be slashed and the corporate tax rate entirely eliminated by 2028 under a proposal rolled out on Tuesday, May 25, by N.C. Senate Republicans.

Published in Local News

ROCKINGHAM — Gov. Roy Cooper on Wednesday proposed spending $45 million on motorsports in the Tar Heel State, including $10 million to Rockingham Speedway and Entertainment Complex.

Published in Local News

ROCKINGHAM — City residents won’t see a property tax increase this year, but several fees could go up.

Published in Local News
Page 1 of 9