Displaying items by tag: budget
OPINION: Don't count on a soft landing
According to the latest estimate from fiscal analysts at the North Carolina General Assembly, our state government will take in about $6.2 billion more in General Fund revenue over the 2021-23 budget biennium than was originally projected last year.
National tax group praises N.C. legislators, urges more reform
RALEIGH — A letter from the head of a national tax reform group touts N.C. lawmakers’ “leadership in advancing pro-growth tax policies.” The letter released Thursday calls for legislators to consider even more tax-related reforms as they begin a new session.
N.C. General Assembly opens short session with short to-do list
RALEIGH — The N.C. General Assembly convened the 2022 short session Wednesday, May 18, with fast-track plans to “pre-negotiate” the budget and be out by July 1. Still, important issues are on the to-do list, like health care access reports and parental involvement in education.
Gov. Roy Cooper releases proposed 2022-23 budget adjustments
RALEIGH — Gov. Roy Cooper wants to increase the state budget for the 2022-23 fiscal year from $27 billion to $29.3 billion, an increase of 8.5%. The money would come from $6.2 billion in additional revenue spelled out in the state’s latest forecast.
Rockingham Council approves annexation request, schedules budget workshop
Leandro judge signals he will order more N.C. education spending next week
RALEIGH — The judge overseeing North Carolina's long-running Leandro school funding lawsuit signaled Friday that he will produce an order next week calling for additional state education spending.
Leandro order's price tag could drop to $770 million
RALEIGH — A new filing in the long-running Leandro school funding lawsuit would lop another $25 million off of the cost of court-ordered education spending. Even with the change, advocates still want a court to force the state to spend an additional $770 million on education.
Rockingham awards Food King flooring contract to Southern Builders
ROCKINGHAM — The Food King project comes closer to completion with the approval of a flooring contract with a local builder.
Briefs aim to sway judge in long-running N.C. school funding legal dispute
RAlEIGH — Plaintiffs and N.C. Justice Department lawyers are urging a judge to order $795 million in new state education spending. Briefs filed Friday afternoon confirmed agreement from both groups about whittling down the size of a $1.75 billion spending order issued last fall.
OPINION: Attention! Deficit disorder!
On March 28, U.S. President Joe Biden unveiled his 2023 budget proposal. It totals $5.8 trillion, which would bring federal spending and deficits back below their pandemic-era heights (although not back to 2019 levels). Biden's ask comes to nearly $18,000 for every man, woman, and child in America.