Displaying items by tag: budget

RALEIGH — Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.

RALEIGH — Less than a year after an audit of the N.C. Department of Transportation found massive overspending, a blue-ribbon panel is recommending the department get a 40% budget hike.

As of November, North Carolina’s 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.

RALEIGH — Before the coronavirus pandemic shuttered schools, more teachers were staying in North Carolina’s classrooms.

RALEIGH — North Carolina received a “C” for poor fiscal management from the national nonprofit Truth in Accounting. But the Tar Heel State is doing much better than the report suggests. 

This pandemic has affected every corner of our state, including our state budget needs. For many families, it has also shifted their priorities. Last week, I proposed a budget that tackles the challenges we’re facing today while building for the promise of tomorrow. We can emerge from this crisis even stronger than before if we invest wisely.

RALEIGH — Republican lawmakers presented a $1 billion COVID-19 package during a Tuesday, Sept. 1, news conference. The proposal — which they plan to pass this week during a two-day session — sets the stage for a showdown with Gov. Roy Cooper, who earlier released his budget priorities. Those priorities differ drastically from Republicans’ plans.

RALEIGH — For the first time in state history, the governor is introducing a budget proposal in August. The fiscal year is already under way, but North Carolina’s budget is almost two years old.

RALEIGH — Gov. Roy Cooper’s budget proposal would seize millions from school choices programs and divert it to public schools.

RALEIGH — On August 26, Democratic Gov. Roy Cooper proposed a $25 billion General Fund budget to expand Medicaid, increase unemployment benefits, give teachers higher bonuses, and cut funding to Opportunity Scholarships.