Displaying items by tag: budget

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

The Biden administration has continued the government spending spree of the Trump administration started and has even managed to speed it up. Never before has the federal government run a budget deficit this big through the first six months of a fiscal year.

HAMLET — For the third time in five years, there will be no fireworks exploding over the Seaboard City.

RALEIGH — Gov. Roy Cooper introduced a $55.9 billion budget proposal on Wednesday, March 24, that includes many of the goals he’s had since taking office. But this time he claims they’re needed due to the COVID pandemic.

HAMLET — The Richmond County Board of Education could be asking the Board of Commissioners for nearly $275,000 more than it received this year for the upcoming fiscal year.

RALEIGH — The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.

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.