Gov. Easley proposed $21.4 billion in state appropriations for continuing operations in fiscal year 2009, up $1 billion (4.9 percent) from the final budget for fiscal year 2008. Combined pay increases, including one-time bonuses, for teachers and state employees total $594 million. Less than a fifth of the $400 million in spending reductions are much more than reclaiming money that would not otherwise be spent.
Many North Carolina cities use affordable-housing policies to provide housing to low-income citizens. No doubt started with the best intentions, those policies ignore fundamental economic realities and produce the opposite effect than was intended.
posted April 23, 2008 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
The Tyrrell County commissioners are asking county residents to triple the land-transfer tax rate on May 6 (from 0.2 to 0.6 percent). This report identifies nearly $2.3 million in revenue and savings the county could use to meet its needs — more than four times the amount that the proposed tax increase would produce.
posted April 21, 2008 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
The Wilson County commissioners are asking voters to approve a sales-tax increase on May 6. This report identifies $23.2 million in revenue and savings the county could use to meet its needs — more than 11 times the amount that the proposed tax increase would produce.
posted April 8, 2008 by Dr. Terry Stoops, Joseph Coletti, Dr. Michael Sanera
The Randolph County commissioners are asking voters to approve a sales-tax increase on May 6. This report identifies $33.5 million in revenue and savings the county could use to meet its needs — more than 13 times the amount that the proposed tax increase would produce.
As one of the oldest forms of school choice in the United States, education tax credits empower low- and middle-income parents to choose schools that best meet their children’s needs. Cost-effective, constitutional, and consistent with federal and state tax policy, tax credits enjoy bipartisan support among education reformers and parents; in fact, the number of states with education tax credits has tripled over the past 10 years. Tax credits create a vibrant education marketplace by making private schooling affordable for low- and middle-income families seeking a fresh start for their children.
Wind power is generated through large groups of massive industrial wind turbines, sometimes as tall as 50-story skyscrapers. Like the wind itself, wind power is intermittent and extremely unreliable. The wind must be strong enough, but not too strong, to generate power. So wind cannot be used for baseload generation nor to meet peak demand. For example, to avoid a blackout, a Texas grid manager recently had to cut off electricity to some customers, in large part due to a sudden drop in wind power.
Researchers have consistently found that government-provided job training and placement programs are wasteful, inefficient, and sometimes even counterproductive. Researchers have also consistently found that private providers of job training yield strong, positive results.
Last year’s 5.24 percent dropout rate was a four-percent increase from the 2005-06 school year and was the highest rate in seven years. Only 70.3 percent of students in North Carolina graduate in five years. Over the last ten years, the North Carolina General Assembly has repeatedly tried to address the troubling dropout problem with no apparent success. The latest initiative, dropout prevention grants, will likely have little short-term or long-term effect on the dropout rate.
County and municipal governments provide many key services while taking in billions of dollars in revenue. Their roles grow ever greater as state government shifts more taxing power to localities to make up for money kept by the state. Still, finding comparative data is hard. That's why this report provides information of how much local government costs in every city and county in North Carolina.